Growth comes from competition. Anything that stifles competition has a negative effect on the incentive to innovate. Protect a company completely from competition by giving it a monopoly, like the United States Postal Service, and stagnation is virtually guaranteed. The granting of monopolies and special privileges to certain people or corporations was popular under the […]
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About
Malcolm’s Corner is the personal blogging site of Malcolm Greenhill, President of Sterling Futures, a fee-based financial advisory firm in San Francisco, California, working with individuals and small businesses in multiple states.
I write about wealth related issues in the broadest sense of the word. The origin of the word “wealth” is the old English word “wela” meaning welfare or well-being. As recently as a century ago the word was generally understood to mean a person’s all round well-being, including health, family, work and spiritual life.
When I am not writing, reading, working and spending time with family, I try to spend as much time as possible hiking and backpacking in the wilderness.
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- The Person You Divorce Is Not The Same Person You Married
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Malcolm's Corner 
March 16, 2013
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