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Silicon Wadi in New York
America’s massive governmental aid to Israel, which began in 1949, is, I believe, underappreciated.
According to the Congressional Research Service, from 1949 to 2010, official aid totaled over $150 billion,
with more than half comprising military grants. That amounts to about two-thirds of Israel’s current annual
Gross Domestic Product. At present, Israel receives $2.8 b. yearly in US foreign aid, all of it military.
Better mousetrap? Or Better Way?
Ever heard of an engineer named Keith W. Tantlinger? He worked at a trucktrailer manufacturer in Spokane, Washington. And he changed our world, through process innovation.
Was the World’s Most Beautiful Woman Also the World’s Smartest?
This is one of the strangest stories I’ve encountered, in the realm of creativity and innovation. It is about Hedy Lamarr. Very few readers will be old enough to remember this stunning Hollywood movie star of the 1940’s, who appeared in Samson and Delilah, Ziegfield Girl, Tortilla Flat, and others. Few know her patent forms the foundation for cell phone technology. Here is her story.
Systems Thinking: A Short Eulogy
You can argue that the world got into trouble for one key core reason: Lack of systems thinking. Risk managers failed to consider systemic risk. Policymakers failed to take into account systemic interaction. European officials failed to realize the euro’s rot can destroy the global economy.