Roger McNamee Quotes
Android has been managed essentially to make it a profitless prosperity. Right now, if Google is not careful, Android will be Samsung or Samsung will be Android.
McNamee, Roger. Interview. CNBC, 14 Mar. 2013.
This was one of the grossest classic protectionist schemes.
When Bulgaria transformed from a Communist nation to a free market, competitive economy, most of the Bulgarian businessmen assumed that the competition was to get a favored position with the government and have the government then interfere with their competitors or some other government organized advantage for them as opposed to better products, better prices, better marketing. Ironically, there are still a few areas where the modern American system is much like Bulgaria was. Local telephone and electric monopolies are two of the worst.
1st Earl of Strafford. Although Strafford was a terrible ruler of Ireland and was hated by most, he did stimulate the development of the linen trade for which Ireland later became so famous. Most rulers of the time were not that interested in economic development, but he was. Holland and France were then the leaders in producing fine linen. Globalization was even then a factor in international trade. Strafford took advantage of the fertile lands of Ireland, and the abundant supply of cheap labor to import the finest Dutch seed and have Ireland plant thousands of acres of linen flax. He invested his own money also in order to get the industry started, and although the first production were viewed as cheap imitations of Dutch and French linen, soon the creativity and industry of the Irish produced an even better product and Ireland became the world leader of linen production.
Roger McNamee is an American businessman, investor, venture capitalist and musician. He is the founding partner of the venture capital firm Elevation Partners. Prior to co-founding the firm, McNamee co-founded private equity firm Silver Lake Partners and headed the T. Rowe Price Science and Technology Fund.
