Economics

Unbreaking American Innovation: Three Ways to Reinvent Reinvention

I’ll be first to admit that I’m a reforming “innovation” trollop. I’ve thrown the word around too lightly, at any old sailor. I need a hot shower and a Brillo pad… What’s so bad about “innovation”? It doesn’t mean much…and maybe never did. Today, we use it to describe an iPhone newsreader app … Unbreaking American Innovation: Three …

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PSFK’s Interview with Steve Faktor: Fostering Innovation In The New Workplace [Future Of Work]

This is a reprint of the original interview I did with the popular innovation blog from consultancy PSFK.  We talk to innovator, futurist, and author of the book ‘Econovation’ about how impermanence, gamification and sensory stimulation are crucial in today’s developing office culture. As part of our Future of Work … PSFK’s Interview with Steve …

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3 Big Lessons for College Freshmen: My Speech to NYU Stern’s New Undergraduate Class

Below is a transcript of a speech I gave on August 27, 2012 to NYU Stern’s 600+ incoming freshmen and transfers. I’ll post the video when I get it…if the quality is halfway decent. It’s exciting to see all these bright shining faces.  You’ll look nothing like this after your … 3 Big Lessons for …

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Are you TED-worthy?

In one episode of Seinfeld, Elaine finds out the birth control sponge was discontinued. So she buys up all available inventory and obsesses over how “Spongeworthy” her many suitors are. Like Elaine, we luxuriate in the abundance of the information age, but it also hides some uncomfortable scarcities. In watching … Are you TED-worthy?Read More …

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America’s Last Stimulus: 5 Ways to Use Europe’s Crisis to Create US Jobs

This is an abridged version of the original article I wrote for Business Insider.  In a forgotten corner of the White House sits a huge, Parthenon-shaped cake. Nearby, Ben Bernanke and Timothy Geithner are dancing like Zorba and dripping with hummus. Why all the glee?  It’s because Europe just gave the U.S. … America’s Last Stimulus: 5 …

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Why Walmart and Other Retailers Are Muscling in on Mobile Payments

  Having led innovation at Amex, MasterCard and Citi, I know where the bodies are buried. I also know that payment wars aren’t just about fees anymore. That’s so 1990’s.  Years ago, when Walmart threatened to enter payments and banking, incumbents nearly soiled their Hanes. After a little sword-fighting, providers … Why Walmart and Other …

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