David A. Smith • 5 min read
Without anyone noticing, at roughly the same time ‘return-to-office’ softened its branding to ‘hybrid work environment,’ ‘side hustle’ replaced ‘moonlighting’ as the common parlance for being entrepreneurial outside one’s primary job.
David A. Smith • 5 min read
In 1937, an upstart 27-year-old British economist published a short essay whose modest title, The Nature of the Firm, has newfound resonance in our post-hybrid information work world.
David A. Smith • 5 min read
Why so challenging? asked the housing joker and would not stay for an answer.
David A. Smith • 5 min read
When the Ukrainians begin rebuilding their bludgeoned eastern cities and returning to their damaged homes, among the dysfunctional Soviet legacies they must address is a deeply embedded, invisible one: their national building code.
David A. Smith • 5 min read
Inflation being here in force regardless of our desires, last month’s Part 1 demonstrated that, when it comes to operations, your actions depend on what you think about the economic future.
David A. Smith • 5 min read
Now that the Administration has tacitly acknowledged inflation is a major challenge by blaming it on others, affordable housing allocators, developers, owners, managers and regulators need to readjust their expectations and behaviors.
David A. Smith • 4 min read
Although virtue may be its own reward, try telling that to a nonprofit’s chief financial officer.
David A. Smith • 6 min read
Because life makes sense only in retrospect, we’re seldom aware in the moment that someone else’s action can change our lives forever. Nor will your benefactor know, then or after, just how seminal his or her small action was, and somehow, you’ve never thanked those who helped you.
David A. Smith • 5 min read
Forcibly caged in 1982, and virtually somnolent for the last two decades, inflation is back with such a vengeance that the Administration is using ever more grandiloquent circumlocutions to deny its existence.
David A. Smith • 5 min read
When predicting the future, science fiction authors have a better group track record than engineers, because their imaginations aren’t hamstrung by too much learning.
David A. Smith • 7 min read
During 1858’s Great Stink, London’s Thames River was so foul that members of Parliament fled, and Parliament shut down.
David A. Smith • 5 min read
At MIT, one can traverse half a mile of jumbled urban campus entirely indoors.