Ideas

21st Century Education

Education in the United States is at a crossroads. Our economy and technology have greatly out-paced the rigidly hierarchical educational system that has been in place for more than 100 years. Disruptive technologies and disruptive individuals are changing the way we live, interact and do business at a rate that is far beyond that system’s […]

 

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The Transition from an Ownership to a Rental/Access Economy

The developed countries of the world are in transition from economies based upon ownership to ones increasingly based upon rental or access.  As much as any other trend, this will transform economics, consumption and how we live.  The concept of ownership is deeply embedded in economic thought, policy and practice and has been for centuries. […]

 

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Values Over Institutions Every Time

Just after the election of Donald J. Trump as President of the United States I had many conversations with colleagues and friends. Regardless of people’s political persuasion, most expressed some confusion about the future direction of global politics given the unusual nature of Trump as a candidate. Was he, is he, crazy like a fox, […]

 

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Daring To Understand and Change Thinking

Introduction     Understanding how we think is essential to everyday life. How we think determines not only what we think, but also what we feel and ultimately what we do. Myriad factors are involved: the impact of culture, the immediate social context in which thinking occurs, the brain’s structure, and more. We’re not powerless […]

 

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21st Century Finance: Intermediaries

(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

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

[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

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

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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The Case for Social Democracy

  This is a time when we need fresh thinking on how to organize our society to a better job of serving our people.  There are too many citizens who have lost faith in our government, in big business, and our other institutions. They have seen President Trump call our media “dishonest,” our justice system […]

 

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