The Internet is down at our office building. So, it was a good moment to swing by and see my favorite barber, Mark. Thankfully, there was no wait, and I scooted into the barber’s chair right away. Mark has owned a barber shop at the same place for 30 years. He has an uncanny ability
Category: Economics
Taxes
As someone who studied Economics in college, I often am interested in how people behave in groups. Carrots and sticks, incentives and disincentives, and the overall world of “Freakonomics.” I see it regularly in my job. Sectors become “hot” and attract many investors and entrepreneurs. Just as suddenly, they “cool.” People often buy high and
Immigration
A major snowstorm today is shutting down the Northeast. I made it to the gym, grocery store and “packy” just before it really started to come down. I’ll be making some homemade guacamole for snacking and some slowly-cooked Tuscan beans with pancetta and sage for dinner. And, I have time to write about immigration. The
When Will the Tide Turn?
As VC funding decreases, Eric and I are seeing more inbound emails from companies and their advisors. Quite a few are coming from the west coast, where we don’t invest, and quite a few are from people we don’t know. Some emails to me include someone who got our firm’s name wrong and someone who
America’s Greatness
You’re going to be fine, America, regardless of who will be President. ______________________ How did the U.S. become such a strong source of power? What has caused recent economic tepidity? What are our prospects? Mike Gaiss recommended a book to me, Peter Zeihan’s The Accidental Superpower. It’s one of the best books I’ve read in a
Brexit
Wow. I think the recent referendum in Britain is an example of asymmetric outcomes. In a small serendipity, in college, my senior essay was on the economic impact of the EU. (In another small serendipity, my advisor was Rick Levin, who chaired the Economics Department and later became Yale’s President. No, he didn’t remember me