The Atlantic - 31 Jul 2018
A growing body of research helps explain why US productivity is so low, and increases in worker compensation so piddling, even as the stock market is surging and corporate profits are at historical highs. Rather than improving their longer-term competitiveness or investing in their workers, companies are buying back their stock to make their owners richer in the short term (reads in 7-9 min).
Published in Weekly selection 4 August 2018
ArsTechnica - 15 Jul 2018
Once in a while, a scandal emerges, revealing in its wake the incredible gullibility of some famous decision-makers. The rise and fall of Theranos (a Silicon Valley’s start-up valued at $9 billion before the whole endeavor was revealed to be just smoke and mirrors) offers such an example. This short article (reads in 4-5 min) is about “Bad Blood” – the book that the journalist John Carreyrou wrote. Its revelations about the chaos and conniving behind the scenes read like a detective story.
Published in Weekly selection 20 July 2018
Curbed - 27 Mar 2018
When we think about new industries or businesses enabled by the 4th Industrial Revolution, we tend to think about fancy techie activities like app developer or data analyst. There is one that is unrelated to tech and unglamorous but booming in the rich world: warehouses – a $38bn (relatively) new industry in the US, and one of the best investments in real estate (but a glut is coming). One in 11 Americans pays for space to store the material overflow of the American dream… (reads in 5-6 min).
Published in Weekly selection 31 March 2018