Source: Rhonda Garrison, SOUTHERN FARM NETWORK, 4/13/17

Mary:  I’m Mary Walden, with economist MW, welcoming you to the economic perspective.   Today’s program asks if businesses are short-sighted.  Mike, there has been a long-running complaint – indeed, going back decades – that many businesses focus only on short-term profits rather than long-run performance.   The concern is that businesses motivated only by near-term gains won’t make the investments and changes for long-term success.   Does this concern have any validity?

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