Hassett, Barney, the Redskins, and the Patriots.
November 27, 2006
Very nice. Kevin Hassett applies the insight of Jay Barney--discussed earlier on the Door--that you can't expect a sustainable competitive advantage by buying assets on the open market, and thereby explains the different fortunes of the Patriots and Redskins.
(The problems of the Redskins might also be caused by that ol' debil, arrogance.)