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Silicon Valley Is America's Wealth Engine, Not Its Job Engine

The New York Times’s Catherine Rampell might have been one of the first to notice that Silicon Valley’s magic isn’t creating an enormous number of jobs. Today’s front-page article cites Redfin’s endless demand for the world’s best engineers, but mostly it focuses on unemployed folks in markets like Corvallis, Oregon, the home of the Beaver and,

Silicon Valley Is America's Wealth Engine, Not Its Job Engine Read More »

Silicon Valley Is America’s Wealth Engine, Not Its Job Engine

The New York Times’s Catherine Rampell might have been one of the first to notice that Silicon Valley’s magic isn’t creating an enormous number of jobs. Today’s front-page article cites Redfin’s endless demand for the world’s best engineers, but mostly it focuses on unemployed folks in markets like Corvallis, Oregon, the home of the Beaver and,

Silicon Valley Is America’s Wealth Engine, Not Its Job Engine Read More »

Merchant Sensibility

The more complicated a business gets, the more of a math problem it becomes. Running a lemonade stand, you don’t need to analyze gross margins or survey customers because you squeeze the lemonade yourself, and hand it to every customer. But once you have employees and customers you’ve barely met, numbers become more important. For

Merchant Sensibility Read More »

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