Welcome to My New David Werdiger Blog
Why Wealthy Families Fail
Countries, non-profits, families: they all have something in common. They are about something bigger and more enduring than the individual, and where stewardship and shared purpose are essential. I thought about this recently while reviewing Why Nations Fail (Acemoglu and Robinson, 2012). The book asks why some countries prosper over generations while others don’t. Counterintuitively,…
How not to raise spoiled brats
“Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times”, according to G. Michael Hopf. The statement carries a beautiful symmetry and circularity, and evokes adages like “shirtsleeves to shirtsleeves in three generations”. It’s that “good times create weak men” bit that gnaws at…
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