• Managerial Capitalism Decouples Ownership and Control

    The classic model of capitalism (bourgeois capitalism), in which the proprietor of the business fully owns and controls the business, was replaced by managerial capitalism where managers, despite owning small amounts of the company, exhibits full control over the business.

  • How to Write Software Fast

    There is a noticeable difference between the speed of the most productive software engineers I’ve worked with and the slowest.

  • Turner's Frontier Thesis

    A country with a frontier is shaped by it. It favors people with rugged individualism because common services are not readily available without an existing economy in place.

  • Probability of a Recession (2023 Q1)

    A Wall Street Journal poll of economists found that the probability of a recession in the next 12 months is 61%, down slightly from 63% from October 2022 and significantly higher than the 2022 Q3 roundup.

  • Startup Funding Fell 67% in 2022

    In 2022, startup funding fell dramatically—down 67% year over year. Late stage funding took the largest hit (down 67%), but early stage (series A and B) also dropped 59%.

  • Levels of Accountability

    Accountability is a distinguishing feature of progressing into leadership roles. As a general rule, moving “up” means more accountability.