Interviews & Reviews
The Cuban Economy in a New Era:An Agenda for Change Toward Durable Development
In the last five decades, Cuba has struggled to develop a diversified and growing economy in an attempt to lift living standards. With an average daily income of only one dollar, most Cuban citizens are barely getting by even after decades of reforms. In 2008, expectations ran high when Raul C...
The Revenge of Analog:Real Things and Why They Matter
As the digital era grinds on and the Internet takes over more of our daily life’s activities, something seems to be missing. The technology that was supposed to liberate us from the drudgery of life has become a distraction, which in turn prevents us from enjoying our solitude or companionship...
Chain of Title:How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud
The global economic crisis in 2007 had its origin in the U.S. housing market, but very few of us know the role played by courts and judges in cascading this crisis to a global proportion. While battling with the largest banks, three ordinary Americans faced with the prospect of losing their ho...
The New Wild West:Black Gold, Fracking, and Life in a North Dakota Boomtown
In less than a decade, the United States rose to the top of oil producing nations, ahead of Saudi Arabia and Russia. Much of this boom is driven by the discovery of shale oil and the introduction of the hydraulic fracturing process, so much so that nearly 9 out of 10 oil and gas wells in the c...
Like I See It:Obstacles and Opportunities Shaping the Future of Retail Automotive
Buying a car can be a gut-wrenching experience with so many models and options to choose from. And that is well before price negotiations have even started. For decades, dealers have been accustomed to setting the right price at the right time. However, dictating terms of negotiations is now u...
The Monster:How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America--and Spawned a Global Crisis
Before the housing crisis erupted in late 2007, there was a decade-long period of subprime lending targeted at the most vulnerable members of society. The elderly, those facing financial difficulties, and families in transition were forced to pay significantly higher borrowing costs to compens...
Coffee for One:How the New Way to Make Your Morning Brew Became a Tempest in a Coffee Pod
Not only has coffee-drinking gained the status of a morning ritual for most Americans, but admirers of the invigorating beverage are increasingly opting for gourmet variety. Whether at home or in the office, coffee machines are ubiquitous, and their latest version has, in fact, arrived home vi...
Matchmakers:The New Economics of Multisided Platforms
Matchmakers have been around since the dawn of time, but in recent years they have turbocharged their business growth leveraging all the latest technologies. Matchmakers, marketplace operators or platform developers are all focused on connecting demand with supply, offering access to two group...
Mysteries of the Mall:And Other Essays
Not many of us pay attention to the architecture surrounding us in our daily lives as we stream in and out of supermarkets, gas stations and other commercial and public places. Much of the architecture we inhabit is increasingly defined by the technology of the time along with the pace of chan...
How Language Began:The Story of Humanity's Greatest Invention
All animals communicate, yet only humans have language. With this sophisticated verbal instrument, we convey our inventions, progress and accumulate knowledge, an innate human faculty. In ...
The Evolution of Beauty:How Darwin's Forgotten Theory of Mate Choice Shapes the Animal World - And Us
In his seminal work, Richard O. Prum, an ornithology professor at Yale University and a widely-respected evolutionary biologist, has written ...
Concentrated Investing:Strategies of the World's Greatest Concentrated Value Investors
For decades investors have been told to diversify among a large number of holdings because financial markets are inherently fragile and volatile. However, many value investors have amassed large amounts of wealth by simply ignoring this principle and keeping their focus on what they know well ...
Netflixed:The Epic Battle for America's Eyeballs
Before Amazon disrupted the retail industry, Netflix was the bête noire of the movie industry. Marc Randolph and Reed Hastings co-founded a movie rental service that simply sent discs by mail. The business took off because customers loved a subscription model with no late fees. As Netflix buil...
Am I Being Too Subtle?:Straight Talk from a Business Rebel
Sam Zell, the son of Jewish immigrants from Poland, learned to take risks from his parents at an early age, and rarely missed an opportunity to make profit. Known for creating the largest real estate companies in commercial real estate, Zell went on to find even greater success in other indust...
Brothers at Arms:American Independence and the Men of France and Spain Who Saved It
The American Revolutionary War was anything but a lonely struggle, as it is widely believed. In fact, the fight for independence was multi-faced, fought on many fronts, and almost of global proportions. In an interview with Readara, historian and author Larrie D. Ferreiro pierces the popular m...
Totaled:The Billion-Dollar Crash of the Startup that Took on Big Auto, Big Oil and the World
In 2008, Shai Agassi set out to build electric car infrastructure with a grand vision to change the world but without any experience in the auto industry. A born salesman, young Agassi had the necessary tech savvy and political connections, but went on to build a company that lacked specific p...
BRICS or Bust?:Escaping the Middle-Income Trap
Generally, the implementation of developing technologies that the majority of the population can use to improve productivity is key to the continual success of an economy. Western Europe and the United States of America developed an array of technologies that continue to advance their economie...
A Thirst for Empire:How Tea Shaped the Modern World
Tea was first introduced to Britain and Europe in the early 1800s and quickly came to be seen as a civilizing force among its noble and merchant classes. With the rising popularity of tea, the European merchants rushed to import tea from China, before seeking help from the ruling class to find...
Will China's Economy Collapse?:
In a relatively short period of three decades, China has emerged as the largest trading nation and the second largest economy in the world, a feat that no other nation has been able to achieve in modern history. Previously, China suffered humiliating defeats in two opium wars, and leaders of t...
The Upstarts:How Uber, Airbnb, and the Killer Companies of the New Silicon Valley Are Changing the World
Small startups can end up not only disrupting but also reordering economic segments, especially when capital, technology and entrepreneurship come together. In the last decade, advances in smart phones, animal spirits of young entrepreneurs and surge in venture capital led the rise of two comp...