What is the market for an op-ed by a rich white woman talking about escaping the European heat wave in her own personal cave and why did the New York Times see fit to publish it? My air-conditioning is unconventional: I live in a cave,...
new gilded age
I'm in Mexico City for the month. Because of the problems of Mexico generally, lots of people forget that Mexico City is a genuinely world class city. Among the many.
Building on yesterday's post about how despite the low unemployment numbers, people's lived economy is basically terrible, Jacob Hacker has a very useful op-ed in the Times on the same.
Yes, unemployment rates are low. There are jobs for most people who want them. But this has not really budged the national worry over income inequality and the widespread belief that the economy does not work for most of us. There's a good reason for...
Most every "rule" in economics is half-baked and this whole Vox article about why rising productivity hasn't led to rising wages is an example of the problem. It notes: This.
Higher education in the 21st century, especially at elite institution, is basically a hedge fund operation, building up enormous endowments while not spending any of it on anything that doesn't.
SEATTLE, WA - JUNE 18: Amazon.com founder and CEO Jeff Bezos presents the company's first smartphone, the Fire Phone, on June 18, 2014 in Seattle, Washington. The much-anticipated device is available for pre-order today and is available exclusively with AT&T service....
Good times abound. But I have to say, I appreciate it when revolutionaries get jobs reporting on the life of the rich, radicalizing us all toward revolution. Expensive yachts that.
2018: What a year: The Centers for Disease Control and Prevention, for example, reported in November that life expectancy for the average American ticked downward for the third year in.
The Smithsonian Museum of American History is a complete disaster. Ever since the Enola Gay exhibit became a center of conservative culture war resentment in the 1990s, the Smithsonian has been petrified of offending anyone in power. Combine this with the decline of federal funding...
Above: General Electric president Gerald Swope David Leonhart had a piece in the Times yesterday that repeats a commonly-held notion about the mid-century American economy: that CEO's were kindlier and.
Remember folks, Republicans hate you and don't care if you live or die. Five days ahead of the midterm elections, President Donald Trump’s top economic adviser took to trashing the.