Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
36 year-old DESTROYS 29-year-old millennial who “ripped” 25-year-old Yelp employee who got fired after complaining about her salary ♬ Listen to this Story or Read it in German, French, Spanish On Friday, a Yelp/Eat24 employee wrote a blog post to her CEO about her minimum wage compensation, which she said came out to about $8…
If you look very closely at America, you can see the poor physically growing apart from the rich, like a polar bear drifting out to sea on a broken chunk of ice. A new report out today from the Economic Innovation Group (a “centrist” think tank funded largely by civic-minded tech executives) examines inequality in…
In 2008, billionaire venture capitalist and real selfish bastard Vinod Khosla paid $32.5 million for an 89-acre beachfront property in California. Now, he’s asking for $30 million just to let the public use the beach. To be clear, Khosla—whose Twitter bio reads “entrepreneurship zealot,” if you can fucking believe it—is not offering to sell his…
San Francisco needs to lower the cost of housing. That’s the CEO of Yelp talking. Jeremy Stoppelman made those comments via Twitter in responding to a former employee’s open letter complaining about the company’s low wages and the struggle to get by in San Francisco. The letter, written by Talia Jane, detailed her experiences working…
Democratic presidential candidate Hillary Clinton. (AP Photo / Matt Rourke) I’m going to posit something radical: The most vocal support for Hillary Clinton comes from women in the commentariat, very much like myself, who have had to fight sexism to succeed in public-facing, white-collar professions and relate to Hillary’s struggle to do the same. Many…
By Charles G. Koch February 18 at 5:44 PM Charles G. Koch is chairman and chief executive of Koch Industries. As he campaigns for the Democratic nomination for president, Vermont Sen. Bernie Sanders (I) often sounds like he’s running as much against me as he is the other candidates. I have never met the senator,…
It’s hard not to feel a little thrown when you walk into a public space that’s become a camp for homeless people. At first there may be a moment of shock that economic reality has shown up and made a park or plaza a more complicated place to stroll. But what most people hopefully feel is…
Republican presidential candidate John Kasich has promoted himself both as a friend of the working poor and as a foe of Hillary Clinton, but as House Budget Committee chairman in the 1990s, he worked with the Clintons to roll back welfare programs, helping double extreme poverty in America. In 1996, the Clinton administration and congressional…
©Joe Waldron Save money into my pension? I’d rather blow it on a holiday. This is the typical response of a millennial — marketing shorthand for a 20-something — when you ask them about financial planning. More On this story On this topic IN Personal Finance For the generation that grew up in the Noughties,…
Yesterday, I had the rare opportunity to quiz four of the smartest economists who have ever served in government – Ben Bernanke, Michael Boskin, Joseph Stiglitz and Maurice Obstfeld – on the five things that puzzle me about today’s economy. The panel was put together by David Wessel of the Hutchins Center at Brookings as…