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In the United States, salsa outsells ketchup as the No. 1 condiment on our tables. In the summer of 2017, the Spanish-English pop song sensation “Despacito” performed by Puerto Rican Luis Fonsi broke records as the most-viewed music video online. The American Latino is a powerful consumer group, representing $2.13 trillion in GDP. If their economic might were represented a...
In 2018, economic activity was accelerating in almost all regions of the world. One year later, much has changed. The escalation of US-China trade tensions, credit tightening in China, and macroeconomic stress in key G20 economies have all contributed to a weakened global expansion. As the US trade war with China deepens, what are the biggest risks at this delicate moment?...
The United States health system falls short, bluntly declares the Commonwealth Fund in its recent report, “Mirror, Mirror 2017: International Comparison Reflects Flaws and Opportunities for Better US Health Care.” The study compares the US to ten other high-income countries. The US is by far the top spender, but sinks to the bottom when it comes to measures of outcome, acc...
As the 2016 presidential election approaches, the economy is a tale of two realities. On one hand, employment numbers, housing prices, and corporate profits have rebounded substantially since President Obama took office nearly eight years ago at the height of the financial crisis. At the same time, the nature of work is shifting, leaving many behind, long term unemployment...
Stuart Weitzman is one of America’s most famous shoe designers, known for outfitting countless celebrities (think Beyoncé, Taylor Swift, and Kate Moss) but — perhaps more importantly — women across the globe who aspire to quality, class, and style. Here, he shares the lessons of his entrepreneurial adventure — which concluded with the 2015 sale of the company for $574 mil...
Private equity firms are using leveraged buyouts, venture capital, and other funding sources to acquire hospitals, clinical practices, nursing homes, and other health-related businesses on a grand scale. In 2021, they poured more than $200 billion into the sector, compared to $41 billion in 2010. Investors claim their capital will expand access to care, drive innovation, f...
Most of us know the entrepreneurial success stories of places like Silicon Valley, the Research Triangle, and Boston. But if great ideas are everywhere, why aren’t entrepreneurial businesses thriving worldwide, in places large and small? What can we do to promote entrepreneurship in unusual places, and make sure the prosperity-creating and problem-solving power of entrepre...
The Affordable Care Act became law because five congressional leaders made it happen. These committee chairs — two from the US Senate, three from the House of Representatives — share the stage to talk about the passage, impact, and future of the ACA. As the law’s key architects, all five bring insider knowledge of the maneuvering, negotiation, and compromise that led to it...
Dick Metcalf has been shooting since kindergarten, a member of the NRA since middle school. He’s been studying, writing, and teaching about firearms for over 40 years. But Metcalf’s long career as a columnist with Guns & Ammo magazine came to an abrupt halt in late 2013 after he penned a column that explored the line between firearm regulation and Second Amendment infring...
If the 20 years from 1995 to 2015 were shaped in significant measure by digitization and the rise of the Internet, what’s next? What will define the next decade? Drawing from his highly-praised New York Times best-seller The Industries of the Future, Alec Ross provides a view into the forces that will carve tomorrow’s economy and the difficult, necessary steps that must be...
In April of 2018, two black men walked into a Starbucks in Philadelphia for a business meeting. Ten minutes later, while waiting for their colleague to arrive, a manager called the police and they were arrested. Rosalind Brewer, one of the most accomplished African American women in business had just become COO of Starbucks. In navigating how the company should respond to...
In the summer of 2018, President Trump sang praises about the country’s economic conditions, tweeting, “In many ways this is the greatest economy in the HISTORY of America.” But just how much of the upswing can be attributed to White House policies? Former US Treasury Secretary Larry Summers says very little. He disagrees with Trump on trade, tariffs, and the rethinking of...
The US is aging – between 2012 and 2050, the number of adults over age 60 will jump from 43 to 84 million, representing about 20 percent of the population. Meanwhile, smaller and more scattered families will mean greater numbers of people growing old alone. Fostering the social connections and cross-generational interactions that are so essential to healthy aging has becom...
Especially since the 2016 election, the term “rural America” is tossed around casually and constantly in our national political and economic dialogues. But those conversations are often one-dimensional, overly general, or worse, miss the mark completely. What is mainstream coverage overlooking? What is it getting wrong? What matters most to people in America’s rural areas?...
The 2016 Edelman Trust Barometer is the company’s 16th annual global survey, measuring trust in key institutions—business, NGOs, media, and government—in more than 28 countries. This year’s barometer reveals a growing trust disparity between the informed public and the mass population, and explores the opportunity this presents for business and CEOs to play a leading role...
What does it mean to have lived a “Well Lived Life?” Previously, U.S. Trust’s annual survey has shown that satisfaction with increased wealth comes from being able to use it with increased purpose: To achieve goals, to make a difference in areas that matter most, and to live up to personal expectations. Their 2015 survey explored expectations of a life well lived, includ...
In 2016, TPG launched The Rise Fund, the world’s largest global impact-investing platform that invests in companies delivering meaningful social and environmental impact alongside strong business performance. Since then, the Rise platform has grown to over $5 billion in assets under management, launched a substantial climate-investing effort called TPG Rise Climate, and ba...
World order is never in stasis for too long. And indeed, we seem to be witnessing a historic shift now. The relatively stable decades after World War II saw gains for global democracies, rapid economic growth fueled by globalization, and the birth of the Internet. But they also saw the speeding of global warming, widening inequality, and the scourge of transnational terror...
A large, unsettling question looming among Washington regulators, lawmakers, and now state Attorney’s General across the US is whether the time has come to break up the big five: Facebook, Amazon, Google, Netflix, Apple. Have these powerful tech companies, once the darlings of the start-up community not twenty years past, become so dominant that they are stifling competiti...
After decades with no significant geopolitical rivals, the United States now faces the emergence of China as a major adversary. How will this change the landscape of the emerging world order? What new forms of geopolitical conflict will arise, and what new forms of cooperation are necessary?