‘Dual class’ shares are a fraud on the public market.
Universal Basic Income Is Silicon Valley’s Latest Scam
The plan is no gift to the masses, but a tool for our further enslavement
Billionaires Eliminate Founders with One Press of a Button
Private Markets Charge More
Also dual-class SpaceX stock, fake Iranian crypto fees and Global Tetrahedron M&A.
‘Headed for technofascism’: the rightwing roots of Silicon Valley
The industry’s liberal reputation is misleading. Its reactionary tendencies – celebrating wealth, power and traditional masculinity – have been clear since the dotcom mania of the 1990s
“They’ll Just Make It Illegal”
Cryptocurrencies, Public Goods & the State Late last year, I and a colleague from HKS were meeting with a VC I’d gotten to know in San Francisco. As an opening salvo in the conversation, the VC…
Zitron: "Everyone Has Been Sold a Lie" on AI
Why We Need to Confront the Billionaires’ Paradise
The UBS/PwC report on the “new Gilded Age” of the billionaire class, and the Paradise Papers reveal ways corporations and the ultrawealthy avoid taxes.
Why Silicon Valley can’t fix itself
The long read: Tech insiders have finally started admitting their mistakes – but the solutions they are offering could just help the big players get even more powerful
More Everything Forever
This "smart and wonderfully readable" (New York Times) exposé shows why Silicon Valley’s heartless, baseless, and foolish obsessions—with escaping death...
Opinion | Silicon Valley Is Bracing for a Permanent Underclass - The …
archived 30 Apr 2026 15:40:29 UTC
Secret History of Silicon Valley
The Everywhere Millionaire: Who Is Really Rich in America and How They Got There
From two leading economists comes a groundbreaking new portrait of the hidden fortunes of Main Street business owners—ordinary Americans who built extraordinary wealth and are quietly rewriting the rules of money and power. Most people think the path to great wealth runs through Wall Street or Silicon Valley. We’re told you must be a Zuckerberg, a Musk, or a Jamie Dimon to get rich. But this story is wrong. Drawing on unprecedented data from a decade of research and vivid real-life stories of entrepreneurs—from a self-made hot-dog stand billionaire to the heirs of an auto dealer—Zidar and Zwick reveal a surprising truth: prosperity is more attainable, more widely distributed, and closer to home than we imagine. A multitude of Americans have built staggering fortunes by running often unglamorous businesses far from the spotlight. A quiet revolution in the business world—the rise of “pass-through” firms like S-corporations and partnerships—supercharged this wealth, channeling vast income directly to business owners rather than traditional corporations.Part economic detective story, part roadmap to riches, this book reveals: —The Hidden 1%: They might be a local beer distributor, a dentist with a regional network of practices, a commercial HVAC contractor with trucks around town, or a restaurateur who keeps opening new locations. For every public company CEO, more than a thousand private business owners each have transformational wealth.— The Blueprint for Wealth: Zidar and Zwick describe where Main Street Millionaires come from, how they grew rich, and how much money they make. Their stories suggest the American Dream is not dead and many paths to prosperity remain open today. — Power Brokers: Armed with their fortunes, Main Street Millionaires wield power in city halls, statehouses, and Washington, often bending policy to protect what they’ve built. They are both growing the economic pie and grabbing bigger slices for themselves.The Everywhere Millionaire celebrates the stories of entrepreneurs who seized opportunities while asking hard questions about how concentrated wealth and power shape society. It is an essential guide to seeing the economy as it really is and recognizing the surprising paths to prosperity—and influence—everywhere.
The ultra-rich are spending one million dollars a day fighting California’s proposed billionaire tax
Tech billionaires have raised more than $340m to defeat Prop 40, a one-time 5% wealth tax that will fund healthcare and education
How Everything Became Gambling
It’s not just DraftKings and Polymarket — the logic of gambling undergirds everything coming out of Silicon Valley.
