The AI Paradox: Powering Progress, Fueling Demand

The AI Paradox: Powering Progress, Fueling Demand

Jevons’ paradox — a 160-year-old economic theory first described by English economist William Stanley Jevons — suggests that when technological advances improve the efficiency of a resource, we paradoxically end up using more of that resource, not less. In the...
Unleashing the Unicorn

Unleashing the Unicorn

When it comes to businesses with high growth potential that need working capital, equity funding can provide much-needed operating cash without the rigid demands of a loan. But while venture capitalists talk about finding “unicorns,” for most businesses it’s the...
Making Wall Street Work for the 99%

Making Wall Street Work for the 99%

This article is adapted from the author’s forthcoming book, The Defiant Optimist. “Bahu!” my friend Radhika called out from a distance. Central Park was bursting with flowers and kids running around when I found a bench under the shade of a tree to rest. I was...
The Happy City Movement

The Happy City Movement

A few years ago, in a moment of intense loneliness, Charles Montgomery grappled with how he could make his life in the city more connected and joyful. So he joined a group of people who were exploring the idea of self-funding a co-housing, urban village project in...
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