Heavy Lifting - thoughts and web finds by an economist
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Saturday, September 04, 2004
I wanted to take a moment to talk about a personal hero of mine. Many who read this blog are economists or economics students and therefore will understand where I am coming from.
In the grand scheme of human action there is no more noble undertaking, in my opinion, than to open your own business. To voluntarily bear risk in search of profit, to provide goods and services that increase utility, and, especially when a niche is found and exploited, to ultimate become successful is one of the most beautiful and powerful justifications of what we do as economists.
Most of us know one or more small business owners, have watched their struggles and successes, and perhaps have offered a helpful word of economics advice here and there.
Christian Depken, my brother, opened a small wine shop in Savannah, Georgia in November 2002. Le Chai - galarie du vin is truly something to behold. Le Chai focuses on Old World wines - France, Germany, Spain, Italy, and Portugal - and continues to build an impressive cellar with wines priced from $8 to $250.
The shameless plug aside, Christian has entered the blogosphere with his new blog at LeChai.com. If his early entries are an example, both those who know and are interested in wine and those who want to learn about wine will find the blog worthwhile.
Okay, enough blubbering...good blogging, Christian.
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