At 22, Derek Sivers had $12,000 in the bank, paid $333 a month for a room in a Queens apartment with three roommates, never ate out, and kept his total expenses at $500 a month. He played music for $300 a show. Two gigs covered everything. He was free. Later he built a company and … Continue reading The Trap is the Point
Tag: economics
When the Tower Can’t Be Rebuilt: What Institutional Economics Misses About the Next Decade
Rebecca Patterson's recent New York Times essay uses a Jenga tower as a metaphor for the American economy in 2025. Blocks are being removed—small businesses cutting jobs, federal layoffs, consumption concentrating among the wealthy—while AI companies pile massive investments on top. Eventually, she warns, Jenga towers fall down. She's right about the instability. But the … Continue reading When the Tower Can’t Be Rebuilt: What Institutional Economics Misses About the Next Decade
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