As Foreign Policy Magazine reports, “Equatorial Guinea’s economy depends almost entirely on oil, which generated revenues last year of well over $4 billion, giving it a per capita annual income of $37,900, on par with Belgium.” While this has given the country’s ruler (Teodoro Obiang Nguema Mbasogo) an estimated net…
“The Federal Reserve Board sent its most explicit signal yet that the emergency supply of liquidity to financial markets is done and the most aggressive monetary policy easing in its 96-year history will eventually reverse.” – February 19th, Bloomberg. Citing “continued improvement in financial market conditions”, the US Federal Reserve…
As I write this, my Bloomberg feed shows that, “Euro-region leaders [have] ordered Greece to get the bloc’s highest budget deficit under control and said they are prepared to take “determined” action to staunch the worst crisis in the currency’s 11-year history.”, with the FT adding, “Under an agreement hammered…
In this interview, we talk to Gigi Sohn, President and Co-Founder of Public Knowledge (a highly influential Washington, D.C.-based public interest group working to defend citizens’ rights in the emerging digital culture) and Ross Anderson, Professor of Security Engineering at the University of Cambridge. We talk about how digital technologies…
In recent weeks, we have seen uprisings in Tunisia, Egypt, Algeria, Yemen and Jordan where members of the populous have taken to the streets, demonstrating and disrupting a country over issues ranging from food inflation, corruption, freedom of speech, living conditions and basic human and economic rights. Most notably of…
The industrial revolution created the archetypal businessman, characterized by their ruthless attitude towards commerce. In a controversial paper, Jerry Bergman discusses the Robber Barons’ (a pejorative term used to describe businessmen in America) attitude to workers in the late 1800’s and early 1900’s. He describes how, “The robber barons’ lack…
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Top-tier companies, Toyota being a prime example known for its operational excellence, are well-acquainted with the value of slack. A fundamental lesson taught to MIT Sloan students in operations classes is that in any system with variability, it's not ideal to operate at 100% capacity utilisation.
Our culture is one of compensation, it's bullshit. We have so many cars, so many houses and so much sex, we lose track of who we are. We need to get back to the core. Through removing stimulation, we've disconnected ourselves from nature, from our innate capacities, and we have to reawaken ourselves.
You may have gone to the best business school in the world and learned that the three most important things in real estate are location, location, location- but it's just not true! It's relationship, relationship, relationship.
In our modern world, everyone has an opinion about everything; and it's powerful to step back and go, 'you know what… I genuinely don't have an opinion about that…' – taking that position is seen as most terrible in today's day and age, but if you really work to dismantle all the things you think you are, you'll probably find you don't have an opinion about so many things.
I would essentially start by abandoning everything Osborne set out to do. I would be cutting taxes, not raising them. I would immediately reverse the VAT raise that he had. I would impose those within an hour of taking office.
Ten in-depth articles distilling insights from over 550 interviews with the world's leading thinkers, creators, and changemakers.