Black Swan

At irregular and rare moments in history, something happens that fundamentally changes the economic, political, or societal order. These historical ordering moments are related to black swan events, seemingly unpredictable occurrences with extreme consequence… Read More

Disasters reveal our vulnerabilities and blind spots. Houstonians couldn’t ignore that they were living in flood zones when Hurricane Harvey submerged Texas in 2017. The utility giant Pacific Gas & Electric could no longer turn a blind eye to its failing equipment once its aging powerlines ignited the biggest California…

Culture mavens under quarantine are embracing jazz and classical music, Russian literature, and science-fiction films.And they’re ditching electronic music and buddy movies.According to a new report by recommendation engine TasteDive, interest in jazz trumpeter Louis Armstrong is up almost 19% from the pre-quarantine days, while singer Billie Eilish’s stock is…

Natalie Portman shares rare glimpse into her family life cradling daughter Amalia and kissing son Aleph in snap by husband Benjamin MillepiedBy George Stark For Dailymail.com Published: 18:52 BST, 11 May 2020 | Updated: 20:25 BST, 11 May 2020 She is known for being one of the more private Hollywood…

Jayne O'Donnell USA TODAYPublished 4:57 PM EDT May 11, 2020Struggling hospitals and those hardest hit by COVID-19 should get more federal funding than nonprofit hospital systems with large endowments, patient safety advocates and other critics say.An analysis for USA TODAY by OpenTheBooks.com shows the 20 nonprofit hospitals ranked by investments…

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A guide to the tick species every American should know Popular Science (Re Silc). One tick two ticks red ticks blue ticks. What Do Platforms Do? Understanding the Gig Economy (PDF) Annual Review of Sociology. “Platforms represent a distinct type of governance mechanism, different from markets, hierarchies, or networks, and…

Some have called the COVID-19 crisis a black swan event. It has had an extreme impact and the world was unprepared for what has transpired, even though, in hindsight, it was not unexpected. The mining industry has also been caught up in the turmoil. While previous global economic downturns hold…

This Week’s Featured Link Emirates’ Tim Clark: Coronavirus is a black swan event for the airline industry – The NationalI’m a sucker for a CEO interview that actually has substance. Here’s a good interview with the (probably still) outgoing head of Emirates, Sir Tim Clark. Image of the Week: This…

“My dad used to run his own business. He was only high school educated. Every time I tried to complicate things when I was in college and I’d talk to him about his business, he would be like, ‘It’s three shoeboxes, Nick. It’s the money in, the money out, and…