Walking With Virus

I live in the city. My neighbors are out walking. Not just a few but lots of them. Most are walking alone or at most two abreast. They walk slowly, without purpose, as if they have no place to go….

Crossing the Political-Economic Divide

How do entrepreneurs assess political risk? Other than Mark Zuckerberg, do they even think about it? Are technology companies and social networks on the side of the populists? Division is in the air. Everything I read and everything I hear…

The Labor Constraint

A few years ago I managed an NGO that served 20,000 subsistence farmers in Mali. I was surprised when I first arrived to find many of our farmers planting less than half their land. They might have 10 hectares but…

Are You an Accountable Capitalist?

You may get this question in some future due diligence session from an investor, an investment banker working on your IPO or a potential acquirer. If the Accountable Capitalism Act proposed by Senator Warren becomes law, it will become a…

Candidate Intersectional Rankings*

It is common practice in today’s political environment to carefully profile the essential nature, or intersectionality, of the candidates to establish a fundamental sense of their legitimacy. This encompasses not only the legitimacy of their political beliefs, but, more broadly,…

The Internet and the Long Tails of Political Discourse

Nearby is a graph of a standard normal frequency distribution. It was created with a random number generator but these types of distributions are also very common in nature. For example, if you count the kernels on the cobs from…

How Much Green for this Deal?

When I was a leftist radical some decades ago in Berkeley, I joined in many late-night to early morning discussions about the woes of the world. The Vietnam War was raging, we were all subject to the draft and none…

Between the Bubble and the Bitcoin Bitters

I recently read this item in the Wall Street Journal, “Nvidia misjudged how quickly prices for the graphics cards that those chips go into would normalize now that crypto currency mining isn’t as hot.” That seemed odd. For related posts…

Voter Suppression in San Francisco

Some years ago, before I moved back to Africa, the local ballot in San Francisco had a measure to allow non-citizens to vote in school board elections. At the time, I thought it was another prank proposition like naming the…