Shoes, economics and entrepreneurship: Shoe Dog by Phil Knight
John Tamny starts his review of Nike founder Phil Knight鈥檚 eminently enjoyable memoir, Shoe Dog, with a quote by Desautels Professor that macroeconomics is a 鈥渢autology and a myth, a dangerous one at that, sustaining that prosperity is necessarily linked to territory, national units and government spending in general.鈥 He then goes into why the book鈥檚 author would likely agree with Professor Brenner. Indeed, Nike鈥檚 continued existence is partly a product of an integrated global economy.
In the book, Mr. Knight describes Nike鈥檚 early days, when stress about liquidity and debt marked every day. But he also gives a good look at the workings of economics.
Read full article: , March 15, 2017聽
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