Millick is a business professor at Wheeling Jesuit University, where he relocated after decades of real-life business experience at General Electric and other blue-chip corporations, as an entrepreneur, and as a management consultant. In this new book, Millick collects and condenses decades of leadership doing and thinking.
It’s an ambitious collection of scholarly journal articles and original essays by philosophers, psychologists, business theorists and practitioners. What I especially enjoyed and learned from was the tight integration of ethical and philosophical perspectives with discussions of nitty-gritty strategic and tactical issues in business.
Recommended for upper-level undergraduates and above.
Professor Kline visited Rockford College on Tuesday to give a talk on four major thinkers — Hobbes, Locke, Hume, and Smith — who in large part established the intellectual framework for our modern business world. Kline is a professor of philosophy at the University of Illinois, Springfield. Here is my seven-minute follow-up interview with Kline after his talk.
So people are leaving: “Illinois had the second-highest net domestic migration loss, sending 79,000 of its residents to other states. Illinois had ranked 49th in net domestic migration in the previous decade, with a 615,000 loss. Unlike the other biggest losers, New York and California, the Illinois rate in the single year of 2011 exceeded its annual rate of net domestic migration loss between 2000 and 2009.”
And they are moving to the more business-friendly states: “Texas and Florida have the highest net migration of people to their states from 2001 to 2009. (By contrast, New York and California lost over 1.6 million and 1.5 million in net migration out of the states, respectively, over the same period.)”
A harsher business climate means fewer business start-ups. That means less employment. That means less individual income. That means net migration of people out of the state and lower living standards for those who stay. It also means less tax income for government, which means even worse budget crunches.
* A comparison of how resource-poor Hong Kong’s relatively laissez-faire free market has taken it from poverty to riches while resource-rich Argentina’s experiments in statism have taken it from prosperity to decline and semi-functionality.
Interesting to compare the USA’s numbers with these statistics from the CIA’s World Factbook on percentages of people employed in agriculture around the world, e.g., Afghanistan 78%, Kyrgyzstan 48%, Malaysia 13%, New Zealand 7%, Singapore 0.1%.