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Forbes December 31, 2019

Whether it’s reporting on the “next Facebook” or scrutinizing a new tax law, Forbes covers stories with uncanny insight and conciseness that hurried business folks appreciate. Get Forbes Digital Magazine Subscription today for rigorous, to-the-point business analysis.

United States
Forbes Media LLC
8 Issues

in this issue

2 min
the 30 under 30 excellence squad

When the Forbes 30 Under 30 list hits, the world notices—this year’s launch proved Twitter’s number one trending topic. And we notice all the notice. We spend the entire year working to ensure, as much as is possible when you unearth 600 largely fresh stories, that the quality of honorees matches the outsize attention. It’s a four-step process, involving almost 200 people. First, a team of two to three reporters for each of the 20 categories spends the year collecting names from the top sources and leaders in their respective fields and sifting through their cut of the more than 15,000 nominations we receive over the transom as well as those recommended by CEOs, senators and others trying valiantly but largely fruitlessly to put their finger on the scale. Second, those reporting…

3 min
international trade is good

International trade is in bad odor these days, being blamed for massive job losses and draining wealth from the U.S. The rap is wrong: Trade creates far more resources and jobs than it destroys. Free markets are always changing, with businesses opening, closing, growing or shrinking. New technologies upend existing ways of doing things. The “churn” in the labor market is enormous, with literally millions of jobs in a typical year being extinguished and millions more being created. The railroad industry, for example, was one of the U.S.’ largest employers after WWII, with more than 1.4 million workers. Today the total is around 170,000. In the late 1940s there were 350,000 telephone operators. Automatic-switching equipment did in those jobs. Ditto the once ubiquitous office typing pool. Yet, at the same time,…

3 min
the forbes 2019 all-star eateries in new york

Impeachment, presidential politics, tariffs and trade, the Fed, Hong Kong demonstrations, Iran’s misbehaving mullahs and North Korean missiles dominate the headlines, but as stocks go up, so does the quality—and the number—of the Big Apple’s best places to dine. Never in the city’s history has there been such gastronomical creativity and innovation. Our stellar team of discerning tasters—Forbes’ chief content officer, Randall Lane, Forbes contributor Richard Nalley and preeminent media maven Monie Begley, as well as brothers Bob, Kip and Tim—herewith unveil their list of where you can enjoy the city’s most savory comestibles. Atera Bâtard Blue Hill Bouley at Home Daniel Del Posto Eleven Madison Park Gramercy Tavern The Grill Jean-Georges La Grenouille Le Bernardin Majorelle Manhatta Marea The Modern Momofuku Ko Per Se Shun Shun is where French and Japanese cooking dazzlingly come together in imaginative and incredible ways to create many new dishes. David Chang’s trophy, Momofuku…

3 min

abcV with Jean-Georges—In vogue with vegans, vegetarians and everyone else who craves creative, appetizing plant-based meals. Al Vaporetto—Venetian fare that will have you floating on a sea of satisfaction. BEAUTIFUL BURGERS: Au Cheval / BK Jani / Café Altro Paradiso / Corner Bistro / 4 Charles Prime Rib / The Happiest Hour / Jeepney / J.G. Melon / Minetta Tavern / Shake Shack. BEST BBQ: Fette Sau / Hill Country / Hometown Bar-B-Que / John Brown Smokehouse / Mighty Quinn’s. Bistrot Leo—Close your eyes and the fantastic food will have you thinking you’re in Paris. Brasserie Cognac East—Classic French brasserie serving sublime traditional fare, with 50-plus cognacs to choose from. Vive la France! Café Centro—Ideal Midtown locale for a fine breakfast. Canal Street Oysters—The fresh oysters (13 or so varieties on offer) deliver on their plump,…

2 min
once upon a dreamer

Music A week after taking shots at President Trump’s immigration policies on Jimmy Fallon’s Tonight Show last January, Grammy-nominated rapper She’yaa “21 Savage” Bin Abraham-Joseph was detained for ten days by U.S. Immigration & Customs Enforcement. Born in the U.K., Abraham-Joseph moved to Atlanta at age 7 with his family and had overstayed his original visa by many years. “He’s a gangster,” the 27-year-old performer said of the president in an October interview with Forbes. “He don’t give a damn.” 21 Savage, a member of the 2019 Forbes Under 30, is a “Dreamer”—one of an estimated 3.6 million people living in the U.S. after having arrived undocumented as a youth. Among them are nearly 800,000 who, by meeting any of a number of criteria (military service, a high-school diploma, no criminal record…

1 min
book value

Michael Milken Founder of the Milken Institute; Forbes 400 member FACTFULNESS: TEN REASONS WE’RE WRONG ABOUT THE WORLD—AND WHY THINGS ARE BETTER THAN YOU THINK by Hans Rosling Feeling down about reports of terrorism, disease outbreaks, armed conflicts or natural disasters? Take a break from the news to read Factfulness: Ten Reasons We’re Wrong About the World—and Why Things Are Better Than You Think (Flatiron Books, 2018), by the late Swedish physician Hans Rosling, who wrote the book after being diagnosed with terminal pancreatic cancer in 2016. Famous for his TED talks, Rosling distills insights from his work in global health and regional development into a celebration of “the secret silent miracle of human progress.” He refuses to divide the world into developed and developing nations. Instead, he describes four more-nuanced income strata,…