The New York State Legislature has soundly defeated Mayor Bloomberg’s proposal for a city congestion pricing proposal. It’s not surprising because saying ‘no’ is the easy thing to do. It’s the safe thing to do. It’s also decidedly un-edgeeconomy.
Unfortunately in business and in politics, operating on the edge (that space where innovation thrives) seems to me, too often correlated with personal gain. Take the sub-prime debacle as an example. ‘Innovative’ lenders were pushing the envelope, but only because they stood to gain massive returns. Hedge funds like LCTM pushed the innovation envelope but motivated by money. In the new movie ...
On Thursday I had the privilege of attending an event thrown for Daniel Squadron, a 28 year old Democrat currently running for State Senate. I’ve met Daniel a few times over the last few years and like him a lot. He understands that most people, especially younger folks, don’t know or particularly care about state government. However Daniel’s not afraid to give you an earful on why it does matter. New York State government used to be a leading force in key legislations. He'd like see it return to its once prominent form. In contrast, current turnout for state elections ...
I'm composing this post on a Blackberry while in the woods of New Hampshire, so apologies for any sloppieness!
This weekend has given me an opportunity to read several articles on the state of Fed as well as a post by Paul Kedrosky on why the tech sector may not be immune to a recession.Overall I'm not as optimistic on the economy's outlook as I was several months ago. Indeed I am border line worried.
At my grandfather's 90th birthday dinner last night he spoke about the difficult economic conditions he grew up in during the 1930's and then treated us all ...
IntelliGrad likes to highlight young people who are working to make a difference. We'd like to draw readers' attention to Derek Donnelly, a 26 year old democrat who is currently running as a candidate for Connecticut's 61st House District. Derek is running against long standing Republican incumbent Ruth C. Fahrbach. Derek is a graduate of James Madison University and most recenty, a graduate of the University of Connecticut's School of Law.
What is impressive about Derek is not only that he has been engaged in politics since graduating from JMU (Derek worked on Capitol Hill for former House Minority Leader Dick ...