What do Napolean and Do Kwon have in common? They were both on the wrong end of speculative attacks. As most are well aware, the Crypto world was rocked last week as we watched the Terra ecosystem suffer an incredible and unprecedented devaluation of assets. The events were unfortunate, and there is little I can do other than offer my sympathy to those affected. It might come as little solace, but one comfort I can offer is to say – you are not alone. Speculative attacks of this type are all ...

What do Napolean and Do Kwon have in common? They were both on the wrong end of speculative attacks. As most are well aware, the Crypto world was rocked last week as we watched the Terra ecosystem suffer an incredible and unprecedented devaluation of assets. The events were unfortunate, and there is little I can do other than offer my sympathy to those affected. It might come as little solace, but one comfort I can offer is to say – you are not alone. Speculative attacks of this type are all ...

Why are cities such hubs of innovation and productivity? Consider the following from Triumph of the City by economist Edward Glaeser.Americans who live in metropolitan areas with more than a million residents are, on average, more than 50 percent more productive than Americans who live in smaller metropolitan areas.To further illustrate this phenomenon consider the following.In 2010**,* in the journal Nature, a pair of physicists at the Santa Fe Institute showed that when the population of a ...

Why are cities such hubs of innovation and productivity? Consider the following from Triumph of the City by economist Edward Glaeser.Americans who live in metropolitan areas with more than a million residents are, on average, more than 50 percent more productive than Americans who live in smaller metropolitan areas.To further illustrate this phenomenon consider the following.In 2010**,* in the journal Nature, a pair of physicists at the Santa Fe Institute showed that when the population of a ...