811
Strategy Letter IV: Bloatware and the 80/20 Myth
Version 5.0 of Microsoft’s flagship spreadsheet program Excel came out in 1993. It was positively huge: it required a whole 15 megabytes of hard drive space. In those days we could still reme…
812
The facts about a recent counterfeiting case brought by the U.S. government
In the last few days there have been several stories about the sentencing of Eric Lundgren in a case that began in 2012, and we have received a number of questions about this case and our role in it. Although the case was not one that we brought, the questions raised recently have caused us...
813
Money creation in the modern economy
Quarterly Bulletin 2014 Q1
814
For most U.S. workers, real wages have barely budged in decades
Despite some ups and downs over the past several decades, today's real average wage in the U.S. has about the same purchasing power it did 40 years ago. And most of what wage gains there have been have flowed to the highest-paid tier of workers.
815
Does Legalized Prostitution Increase Human Trafficking?
Human trafficking leaves no land untouched. In 2013 the U.S. State Department estimated that there are 27 million victims worldwide trafficked for forced labor or commercial sex exploitation. A 201…
816
The American middle class is stable in size, but losing ground financially to upper-income families
While the size of the U.S. middle class remained relatively stable between 2002 and 2016, financial gains for middle-income Americans were modest compared with those of higher-income households.
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