Many economists fear that our market is a bubble about to burst.
Others fear inflation is looming at our doorstep. And all the while, the Fed tries to reign it in by raising interest rates and talking about irrational exuberance. According to Harvard Business School professor, William Sahlman, writing in the Harvard Business Review, the new economy is stronger than many think. And the only real threat to it is government intervention. Sahlman argues that the new economy is strong because it is based on a business system that works.