Ingenuity economy

Stealth of NationsWhen we think of the informal economy, we tend to think of crime: prostitution, gun running, drug trafficking. Stealth of Nations opens up this underground realm, showing how the worldwide informal economy deals mostly in legal products and is, in fact, a ten-trillion-dollar industry, making it the second-largest economy in the world, after that of the United States.   Continue reading

Freelancing revolution

45.3%

A recent study of freelance professionals found that the average freelance salary in 2010 was $68,000, 45.3% greater than the average US income of $46,800.  In addition, fewer than 10% of independent contractors said that they would prefer a traditional job.   Continue reading