American Consequences - October 2017




Following our Innovation Issue in September , this article asks: How did Josh Tetrick's vegan- mayo company become a Silicon Valley darling – and what is he really selling? Mayonnaise, Disrupted , The Atlantic During the 12-minute tour that confirmed enough for Softbank boss Masayoshi Son, Japan's wealthiest man, to eventually write a $4 billion check, the frenetic cofounder and CEO of WeWork had time to show off just one space... The Crazy Bet That Could Change How theWorld Does Business , Forbes With $1.45 trillion in student debt, millennials find themselves in a tough spot – and 45% regret taking out loans. At the same time, only 24% of the generation demonstrates "basic" financial knowledge... Are Today's Students Prepared to Make Financial Decisions? , Visual Capitalist

"You can't just walk into somebody's home and take them!"... The guardian, April Parks responded calmly, "It's legal. It's legal." And it is... government-appointed guardians can sell the assets and control the lives of senior citizens without their consent – and reap a profit from it. How the Elderly Lose Their Rights , The New Yorker

There's nothing more addictively soothing than watching someone flipping homes on HGTV. Until we end up in a real-life rerun of the housing bubble. Beware the Open-Plan Kitchen , Vulture A few years ago, Chinese innovation meant copycats and counterfeits. Today, China's "unicorns" are worth over $350 billion, approaching the combined valuation of America's. And to victors go great spoils. There are 609 billionaires in China compared with 552 in America. China's Audacious and Inventive New Generation of Entrepreneurs , The Economist

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