Ideas

21st Century Finance: Intermediaries

Posted: 05.31.2018

 

(Part IV of a series on the future of banking and finance)   I began this series of articles on 21st Century Finance by comparing and contrasting the legacy finance industry put in place in the 19th and 20th centuries with the one that is emerging now. Hint: new technology and new ways of using […]

 

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Revise the U.S. Immigration System – We Owe This to the Rest of the World

Posted: 05.16.2018

 

Every nation has to decide what it stands for.  Americans are asking who we are and who do we aspire to be. U.S. immigration policies provide a partial mosaic picture of U.S. ambitions and values as a country.  Consider the following immigration questions. Should the U.S. accept more displaced persons from other countries, especially if […]

 

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Perspiration Principle 261: Who’s Behind Door Number 2 – Better Be You

Posted: 05.02.2018

 

[Originally published on Inc., republished with permission of the author.] I have written in the past about certain structural aspects of markets – especially concerning players who capitalize on the relative scarcity of prime assets or highly-desirable partners – which permits a limited number of those players with early access to, or control of, these […]

 

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How Our Political System is Destroying Our Democracy and What To Do About It

Posted: 04.19.2018

 

Our democracy is not working. It is plagued with extreme partisanship that often verges on the precipice of shutting our nation down. Public opinion of Congress, the President as well as the Supreme Court are at historic lows. The institutions that are essential to protecting our democracy (e.g. the FBI, the media, the intelligence community, […]

 

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GDP Needs to be Rethought or Scrapped: Here’s Why

Posted: 04.05.2018

 

Gross Domestic Product (GDP) needs to be either re-thought, or scrapped as a measure of economy. Why? For several reasons, including: It measures output, not economy, and with grave unintended consequences It measures output domestically, and this is no longer a useful measure   GDP Measures Output, Not Economy   The whole point of both […]

 

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