Chicago Restricts Food Trucks

The Illinois Supreme Court ruled on May 21 that Chicago’s food truck are Constitutional and that brick-and-mortar building will be protected from food truck competition. Cupcakes For Courage Food truck owner Laura Pekarik filed a lawsuit in 2012 claiming the restrictions from parking within 200 feet of any establishments serving food (that includes gas stations) […]

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App Deters Impaired Driving

In a world where substances such as marijuana and ecstasy are either legal or will soon be, we must update enforcement of driving while intoxicated. DRUID tests for all levels of impairment — even exhaustion, which can be as dangerous as drunk driving — and scales impairment on a .08 intoxication scale. Harvard Ph. D […]

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Liberty as a Maxim

When creating laws, liberty should be a maxim. The general level of prosperity would be higher if people were free to act in peace without aggression from the state or other people. Each person can choose what is best. People should have the liberty to smoke, even if it causes cancer. Freedom to consume alcohol […]

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The Power of the Consumer

When consumers are armed with a camera and the power to review businesses, the owner must either deal with the situation or the impending negative review. Customers now run the internet. One tweet at Delta for their horrible record of on-time flights could spark a stipend and an apology. Google has evolved how search engine […]

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The Veil of Ignorance

If you could redesign society, what laws would you choose? How would you define equality and justice? One caveat: you don’t know which class, country, or time you’ll be born. John Rawls in 1971, imagined this exercise to determine the morality of laws. You could divide power by income, but risk entering into as someone […]

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Investing 101

You can’t afford not to invest your money if you want to save it or grow it. If you hide it under your mattress it’ll be eaten by inflation, and if you keep it in saving accounts, the bank will lend it out making seven percent of it, and then give you less than one […]

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How McDonald’s Makes Money

McDonald’s is harnessing big data and consumer preferences to create a better experience. In March McDonald’s bought Dynamic Yield ltd, a tech firm that helps businesses pitch consumers, for over $300 million. The firm plans to accommodate menu choices dependent on weather, popular orders, or past orders, like an Amazon cart. Since installing kiosks and […]

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The Art of Work

How many hours do you actually spend working each day? Actually working, not just pretending. The combination of socializing, replying to emails, and attending meetings can drain your day. I worked my first 12-hour shift in the corporate world today. Switching from a 9-hour workday, I documented my day into 30-minute increments to document my […]

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