Location, Location, Location

Last week’s post gave a rambling answer to a Reader’s Question from Worried Mom asking about survival of private practice.  The Answer went down the old bricks-and-mortar path, consolidated into a set of reflections that I (jokingly) referred to as my  Unified Location Theory– 17 years in the making and no better now than it was…

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Stayin’ Alive: Drink More Champagne, Avoid Icebergs, Check the Crystal Ball

Q:  What were the last words of the Nobel Laureate economist, John Maynard Keynes? A:  “I should have drunk more Champagne.” Right! The next best thing to Champagne is writing these posts and getting readers’ comments.  Here’s a great one from a 1st generation private practice owner and worried mother. Q: Do you think private…

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If I’d met him on eHarmony, I wouldn’t have called him back

Economics is all about  individuals, companies, nations parlaying their limited resources into trades that maximize outcomes. At least they think or hope that their trades will have that effect. We’ve talked about some of the underlying concepts in previous posts: Utility is a person’s internal measures of perceived benefit from acquiring something; rationale behavior is needed…

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