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Adrift: 100 Charts that Reveal Why America is on the Brink of Change

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Much of life has moved online and that comes with advantages. Working online can save you lots of time, not to mention big money on commuting and office attire. It can also help companies hire the right workers, no matter where they live, and do their business more efficiently. We’re also seeing recreation move online, with tech companies investing in the metaverse, a place for ever more immersive online gaming and interaction. Oh, one more thing. Galloway is a frequent guest on CNN's "Smerconish,” and you (and better yet, your high school children) should watch the below to see him explaining why it is utter bullshit for celebrity commencement speakers to encourage graduates to follow their "passions." Insightful, important stuff to share with your kids...God, I'm in awe of smart people, even if more often than not these days they just depress the hell out of me... And while this book is primarily a look at a superpower facing existential challenges, it also offers important insights and advice on a range of topics from the necessity of openness to new ideas to the benefits of risk and the value of strong community connections.

Scott Galloway on the ‘The Dirty Secret of Covid’: Scott Galloway on the

SREENIVASAN: You know, your economic kind of pieces here isn’t a radical one, it is to say that we have done well, one we have invested in the middle class. And what has happened to our real middle class versus our perception? I mean, so many people, when you asked them, do you feel middle class? They say, yes. But when you actually look at what is the middle class versus what is the top and what’s the bottom, what is happening to the country? a b c d e f Beam, Christopher (August 2, 2022). "Is Scott Galloway the Howard Stern of the Business World?". The New York Times. ISSN 0362-4331 . Retrieved August 2, 2022.Refugees show a high degree of resiliency—their initial salaries start off low, but after 25 years, they hold a median income higher than the overall population.

Adrift by Scott Galloway | Waterstones

SREENIVASAN: One of the charts you have is income growth — or wage growth by income level, there’s a massive gap here in how the rich have seen in the last 25 or 30 years and how their wages are going up versus everyone else. It's at minimum a plausible argument, and over the course of the book Galloway actually provides solid evidence (some of it in the form of charts, as he ecstatically points out) for it. The problem is 1) Galloway fails to put those ideas all in a sequential paragraph, instead scattering them throughout the book, and 2) he constantly muddies the water with both observations irrelevant to his point and pat aphorisms. (Side note, why does every older man constantly spout " their phrases"? Older men just love aphorisms, and Galloway is no exception) Galloway is a four or five-time entrepreneur (depending on how you count it) who has been teaching economics at NYU Stern for 21 years. He is insightful and brilliant when he analyzes subjects related to entrepreneurship or economics; like when he describes the exorbitant costs (and benefits) of higher education, or outlines how worker productivity and inflation have wildly outstripped the minimum wage, or relates how social media monetizes our attention. He is much less insightful when he makes generalizations about U.S. foreign policy or tosses out aphorisms about the meaning of life.We’re seeing a decline not just in community organizations but, predictably, in friendships too. In 1990, 40 percent of men and 28 percent of women reported having ten or more friends. By 2021, deep into the age of social media, a staggeringly low 15 percent of men and 11 percent of women said they had that many friends. Students are behind in their learning due to COVID and the biggest concern is that students who do not learn to read proficiently by third grade have difficulty catching up and are 4 times less likely to graduate from high school = lifetime achievement of millions is lowered. Well, OK, they also come with a lot of downsides. Nobody asks for a crisis like a global pandemic throwing everything into confusion. But at the same time, risk and instability can actually foster innovation and research. When old ways of doing things fall apart, people come up with new ideas. New and better restaurants may move into a neighborhood to replace failed ones. Tanking rents may not be great news for landlords but they can clear the way for more people to move into an area for job opportunities.

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