Author Archives: Greg Satell

The Future Of Money

It’s easy to see how money caught on. It was a much more efficient way to transact business than bartering one good for another. Money was also a useful store of wealth, certainly more convenient than livestock or grains. These two core functions—a medium of exchange and a store of value—still define money today. Continue reading

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Could Ukraine Be the Next Silicon Valley?

Even among the sordid histories of Eastern Europe, Ukraine is particularly tragic. In just the 20th century, it was starved by Stalin, decimated by Hitler, subjected to seventy years of incompetent Soviet rule, looted by its own government and, most recently, invaded by Putin. Continue reading

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The modern world is one of the visceral abstract, in which unlikely ideas lead to important breakthroughs and seemingly useless things can become useful indeed. While hard facts define today, new value is created only when the impossible becomes possible. Continue reading

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If we’re going to win the future, we have to invest in it. Or, put another way, why isn’t what’s good for Microsoft good for the country? Continue reading

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Power is easier to gain, but harder to use or keep. This post aims to explain that it points not to the end of power, but a change in its nature. Continue reading

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The practice of science needs to be updated. Much has changed in the 70 years since 1945. In order to honor Bush’s legacy—and maintain our technological leadership—we need to adapt it to modern times. Continue reading

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Clayton Christensen Is Wrong— This Is The Real Capitalist’s Dilemma

Last year, the Clayton Christensen, one of the world’s top management thinkers, suggested that, despite being awash in cash, corporations are “failing to invest in innovations that might foster growth.” He considers this trend so insidious and pervasive that he called it the capitalist’s dilemma in Harvard Business Review. Continue reading

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