Economics

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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How Killing the Angry Bird Will Save American Entrepreneurship

Hyper-connected tech blogger Robert Scoble, recently wrote about treating startups more critically.  Robert found himself meeting with lots of crappy, over-funded, digital startups that desperately need more time in the oven, an intervention by Dr. Drew, or more likely, Dr. Kevorkian. (My words, not Robert’s.)  Not only am I seeing the same … How Killing the Angry …

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