Contemporary

Innovation is a Blood Sport- Why Nice Guys Do Not Build the Future

Innovation is a Blood Sport: Why Nice Guys Do Not Build the Future

There is a comforting story we like to tell about progress. It goes something like this: a clever person has a wonderful idea, the world recognizes its brilliance, customers line up, competitors politely step aside, and everyone ends up better off. Cue the TED Talk. Cue the applause. Joseph Schumpeter, the Austrian economist who spent […]

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Why the Best Advice You'll Ever Get is the Advice You Hate (Karl Popper)

Why the Best Advice You’ll Ever Get is the Advice You Hate (Karl Popper)

There is a particular kind of advice that makes your stomach tighten. Not the motivational kind that slides down like warm soup. Not the generic wisdom printed on coffee mugs. I mean the advice that lands like a slap. The kind you immediately want to argue with. The kind that makes you think, “This person

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Why Smart People Fail- The Difference Between Intelligence and Entrepreneurial Vision

Why Smart People Fail: The Difference Between Intelligence and Entrepreneurial Vision

You probably know someone like this. Straight A student. Top of the class. Could solve differential equations before breakfast and quote Nietzsche at dinner. They launched a business. It collapsed within eighteen months. Meanwhile, the kid who barely scraped through high school is running a company worth millions. He cannot spell “entrepreneurship” but he is

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Why We Should Charge People to Protest- The Economics of Civil Disobedience

Why We Should Charge People to Protest: The Economics of Civil Disobedience

There is something deeply uncomfortable about putting a price tag on moral outrage. Which is precisely why Gary Becker thought we should do it. Becker, the Nobel laureate who spent his career dragging economics into places it was not invited, had a talent for making people squirm. He applied cost benefit analysis to marriage, crime,

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