Month: January 2017

Quartz: A Clothing Designer Explains the Cost of Clothes

In case you missed it, Quartz had a good piece on the garment cost structure of U.S.. fashion label Elizabeth Suzann. It’s well worth a read to understand the elements of the garment value chain. Some excerpts: Pape’s story offers a justification of her company’s pricing, of course, and not every business making expensive clothes operates like

Continue reading
No comments

Must Read: “The Future of the Professions”

In 1540 a legendary union took place in England, in which the Guild of Surgeons agreed to merge with the Guild of Barbers to form the Company of Barbers and Surgeons and so give birth to the first professional association in the West. Since that moment, it has been commonplace for “professionals” to try to find each other and

Continue reading

The Great De-Equitization Is On, But Is That A Good Thing?

Among all the talk of globalization and trade tariffs, a seismic shift in capitalism is taking place without, it seems, much public debate. Little by little, the idea that public companies, and wide-spread individual stock ownership, are a necessary and vital part of a capitalist system is dying a slow and quiet death. As a Wall Street Journal  recently noted:

Continue reading