America’s Ports Problem Is Decades in the Making | Cato Institute
Third, and perhaps worst of all, the unions have for years fought efforts to automate ports on both the West and East coasts—just as they fought containerized shipping and computers decades before that. In 2018, for example, the ILA negotiated an agreement for Gulf and East Coast ports (including “right to work” Georgia and South Carolina) that includes both […]
Fortune Data Sheet: Real-estate tech remains a money pit
https://fortune.com/2022/06/03/zillow-opendoor-compass-real-estate-fortune-500/?tpcc=nldatasheet by Jacob Carpenter Three companies operating at the nexus of technology and real estate cracked the Fortune 500 for the first time this year, each realizing huge revenue gains that signaled the sector’s arrival on the annual list. But there won’t be much celebrating at this housewarming party for Zillow (No. 424), OpenDoor (No. 425), and
Vaclav Smill’s “How the World Really Works” is a brief but thorough masterpiece of education in numeric thinking about many of the fundamental forces that shape human life.
https://www.gatesnotes.com/Books/How-the-World-Really-Works Because he has gone so deep into such specific topics, he is qualified to step back and write a broad overview for a general audience, which is what he has done with How the World Really Works. If you want a brief but thorough education in numeric thinking about many of the fundamental forces that […]
Kim Stanley Robinson’s The Ministry for the Future is a scary but hopeful novel about climate change
https://www.gatesnotes.com/Books/The-Ministry-for-the-Future The Ministry for the Future opens a few years from now during a historic heat wave in Uttar Pradesh, India—where Frank May, an American aid worker, is doing everything he can to save lives. But it’s not working. As day after day passes without a drop in temperature or humidity, the electric grid eventually gives […]
“Why We’re Polarized” is a fascinating look at human psychology.
https://www.gatesnotes.com/Books/Why-Were-Polarized In his terrific book Why We’re Polarized, Ezra Klein argues that identity is the answer to the question suggested by his title. The phrase “identity politics” has been thrown around a lot in recent years—usually in a negative context—but Klein explains that it’s human instinct to let our group identities guide our decision making. “A […]
Why Global Supply Chains May Never Be the Same | A WSJ Documentary
Photo by CHUTTERSNAP on Unsplash Every day, millions of sailors, truck drivers, longshoremen, warehouse workers and delivery drivers keep mountains of goods moving into stores and homes to meet consumers’ increasing expectations of convenience. But this complex movement of goods underpinning the global economy is far more vulnerable than many imagined. Recommended watch for all […]
Ralph Loren is opening big on the MetaVerse
The Ralph Lauren Winter Escape on Roblox includes the brand’s 1993 Snow Beach collection to the Roblox audience. The original pieces are some of the most expensive Ralph Lauren items on the secondhand market. RALPH LAUREN Well, it’s a brand-new shopping mall for the brave new world, I guess. https://www.voguebusiness.com/technology/holidays-in-the-metaverse-whats-trending-this-year
Bill Gates’ Book Club – 11/26/21
Even though I don't necessarily share the exact same taste in literary adventures as Mr. Gates, I find his book selection and recommendations always inspiring.
US Imports Hit Fresh Record High
Imports to the United States increased 0.6 percent from the previous month to a new all-time high USD 288.5 billion in September of 2021, led by higher purchases of capital goods (up USD 2.5 billion), in particular computers and electric apparatus. Imports also rose for organic chemicals (up USD 0.9 billion) and passenger cars (up USD […]
There are always options.
When it comes to choosing a path, there are always options. One can go it alone, one can ask for directions, one can randomly choose a direction and simply keep going. One will surely end up somewhere if they simply persevere and keep on going. The choice should not be about the path itself, but […]