It’s in your food supply. It affects your health. The Fed Chairman does it. Robin Hood did it. Dying people must deal with it. The 1% get their share but so do single Moms. You can find it in merit scholarships. It was behind the Cold War. It pits the old against the young and [...]
Knowledgeable Pinheads and Sneaky Pickpockets make the Economic Universe Let’s go back to the beginning…the very beginning. All matter was gold until the great explosion sent gold pieces hurling into deep space. When the stars and planets formed though they were not just made of gold and land but combined with labor and capital. And [...]
The other night, I was out with my son in the Mid-Wilshire area of Los Angeles. He was also going out of town that evening so we had to arrange a rendezvous with his friends who he was going to be driving with. I thought to myself that in my day, we did not have [...]
This was a sign from the Occupation movement in Los Angeles. The top of the sign reads “15 years ago we had” (Photo by Harlin Kahn) When the Arab Spring populist movement came about, it was not only about changing the type of government but also about jobs. This translates to a demand for a [...]
It’s official. The financial markets have been diagnosed with bipolar disease. Wildly down one day and then up the next (or even during the same day). Everyone wants to know whether consumers will have the confidence to keep buying anything and everything they can find. One day it seems we will keep buying and buying [...]
Reach out and search faith Your own personal Google Someone to hear your pursuit Someone who cares Feeling unknown and you’re all alone Flesh and bone by algorithm Lift up the receiver, I’ll make you a believer Take second best, put my engine to the test Things on your chest that we need to confess [...]
In order to make money work better for everyone, you have to be a selfish collaborator. It may sound like an oxymoron but let’s start by digging deeper into money’s past. In Money 1.0, meaning the original version of money’s introduction into the world, money’s use had to become widespread and those using it had [...]
When the bottom fell out of the economy at the end of 2008, a lot of people had to change a lot about their lives. Some who saw their retirement accounts drop by 40% or more had to put off retirement. Some people lost their houses. Some, like one client I had, just wondered if [...]
I have spent many years trying to find out if our relationship to money can make our lives better. I have had hundreds of conversations in my work with money and read just as many books on the subject. There is one key ingredient that can start us on our path to a better life. [...]
If you remember a bunch of Vietnam war protestors getting together in Washington, D.C. to levitate the Pentagon in the 1970’s, you probably weren’t there. Or at very least, hadn’t drunk the same orange juice they did. In 2009, with unemployment officially near 10% and unofficially near 18%, the FHA nearing the red, retirement accounts [...]