This year is the 10th anniversary of my decision to devote myself to the creation of the models of social changes. After banging my head against the wall, trying to scale the default coworking business model, I realized that only city-wide catalyst models such as smart city can survive and are ones of the pillars […]
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A toxic combination of slow wage growth and skyrocketing rents has put housing out of reach for a greater number of people. Daniel Olguin, 28, works on his computer in the front of his van, while his wife, Mary, 26, checks on their almost-2-year-old child in the back. The couple, who have a band called […]
When it comes to poverty alleviation in the developing world, cash transfer schemes have been at the center of a difficult debate. For years, donor agencies and governments were urged to integrate the poor into their economies by providing them with a basic amount of cash. Yet those programs have been dogged by controversies, with […]
Cities may occupy just 2 per cent of the earth’s land surface, but they are home to more than half of the world’s population and generate 80 per cent of all economic output. And their dominance is growing: by 2045, an extra 2 billion people will live in urban areas. At Pictet, we think it […]
A year after the tragedy of Hurricane Maria, the 51st state has become the favorite playground for extremely wealthy Americans looking to keep their money from the taxman. The only catch? They have to cut all ties to the mainland (wink, wink).