The Marshmallow Test & Radical Uncertainty
Everyone knows the famous Marshmallow Test pioneered in the 60’s. Put a marshmallow in front of a kid. Tell them they can eat it NOW or they can get 2 marshmallows if they WAIT to eat it later. If the…
Read MoreSummer Dress Codes & Male Oppression
If you are not helicoptering your way to the Hamptons on summer Friday afternoons, you are probably a worker bee who takes the subway to work. Summer in NYC is an extreme sport. How do you dress for it? Subway…
Read MoreBeggar Thy Neighbor: Underfunding Public Education
In economics, a beggar thy neighbor policy involves one country fixing their economic problems by making some other country’s problems worse. President Obama just told G-7 countries it is what shouldn’t be done in a slowing global economy. We don’t…
Read MoreDo 18-34 Year Olds Really Like Their Parents So Much They Want To Live With Them?
A new Bloomberg article speaks to a trend directly correlated to the inequality between generations. For the first time in 130 years, young adults are more likely to live with their parents than a partner. Student loan debt, under-employment, and…
Read MoreThe Gig Economy Is Great, For People In Bands
For the rest of us, not so much. Elizabeth Warren drove this point home during a speech at the New America Foundation. “The much-touted virtues of flexibility, independence and creativity offered by gig work might be true for some workers…
Read MoreBeing Afraid Is Holding Us Back
We have a lot to be afraid of, so we are told. Fear of…. Global growth slowdown Emerging market weakness Inflation Currency manipulation Over-valuation of stocks Market volatility Dollar strength Normalizing interest rates The list goes on and on. All…
Read MoreWhy Europe Isn’t Having Debates Over Transgender Bathrooms
The European Union might not be the poster child for a single currency system, but it does lead the world in advancing gender equality. In March, the European Parliament called on the EU to move forward with “a new strategy…
Read MoreWas Mike Brady Part of the 1%?
1969 saw the premiere of America’s beloved sitcom, The Brady Bunch. It ran from 1969-1974. It went into syndication in 1975, just in time for me to grow up with it. I never realized how progressive The Brady Bunch was.…
Read MoreSWAG From The Past: Lehman On Ebay
Ebay surfing is one of my favorite activities. Just for fun, I typed in “Lehman Brothers” yesterday and found 271 items. Turns out Lehman Brothers produced a considerable amount of company SWAG while structuring collaterized debt obligations and credit default…
Read More