Entrepreneurship

Innovation and food trucks

I interviewed Matt Candler, the head of a design lab called 4.0 Schools, last week. This design lab is focused on education innovation, be it new schools, new technology, new operational efficiencies, etc.
Two decades into the charter school movement, many people who think about education innovation have the goal of opening a new school. It makes sense: ch… read more »

Money and morality tales

Years ago, the authors of The Millionaire Next Door made a splash with what should be an obvious point: being a millionaire amounts to having a certain net worth. Since most consumer goods are not actually appreciating assets, having a high net worth requires spending less than one makes on consumer goods. The difference between what one earns and one spends… read more »

The frictionless labor market

There are two labor markets: the W-2 one, and the 1099 one.
W-2s are the tax forms you get if you’re on someone’s payroll. 1099s list “miscellaneous income” — often payment for freelance gigs. These days, the latter market seems to be growing. As part of the analysis surrounding last Friday’s unemployment statistics, the Wall Street Journ… read more »

America’s best days

I recently read Laura Hillenbrand’s Seabiscuit. I certainly enjoyed the book as a sports story, but I also enjoyed learning about that period of time in American history. Charles Howard, Seabiscuit’s owner, made his money in the auto business. At the time he started, transportation options were greatly in flux. Cars were the noisy, inefficient playt… read more »

The New Tupperware

A few years ago, I went to a Tupperware party in a friend’s apartment. It was a somewhat surreal experience. The official Tupperware representative was a middle-aged suburban woman sent in to this tiny apartment filled with Manhattan 20-somethings, most of whom  — or perhaps all of whom — had never been to such a thing before. What I remember… read more »