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Real Impact by Morgan Simon

Two weeks ago Morgan Simon announced her new book, Real Impact.  I was going to toss it on the end of my queue, not expecting it to be part of my quest for answers to inequality, but was proven wrong. First and foremost, the book is the best primer I’ve read on impact investing.  The first half walks through why we need to align capital with social and environmental solutions and the second...

Of the people, By the people, For the people

Twice in the last year I felt obliged to post about politics, given few others speaking up.  This time it is right fundamental human right for the people to choose their own government. What is utterly amazing to me is that we live in a world where the voting booth can choose not only the members of government, but the borders of the country itself.  For millennia, borders were only moved by guns...

Anti-Piketty?

After enjoying most of Capital in the 21st Century I couldn’t pass up reading what is clearly supposed to be a counter-argument: Anti-Picketty. It’s not one, but twenty-four arguments against Picketty’s conclusions and claims, by more than twenty-four economists and think tankers.  Despite 24 authors, this books is less than a half the length of Capital and despite a lot of...

Risks vs. Uncertainty

Entrepreneurs (and investors) too often conflate  risks and uncertainty. It is often said that entrepreneurs are those people who are not risk averse.  As an entrepreneur, that has always felt wrong.  I’ve never jumped from an airplane.  Never would go rock climbing without a rope.  I once owned a motorcycle, but not before taking the Washington State safety course. No, it’s not about...

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