Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
In his 29 years in prison, David Bonner has mopped floors, cooked hot dogs in the cafeteria and, most recently, cut sheets of aluminum into Alabama license plates. The last job paid $2 a day — enough to buy a bar of soap at the commissary or make a short phone call. “This is slavery,” said Bonner, who is 51…
Instacart workers are earning a lot less money after changes to the company’s pay structure — changes CEO Apoorva Mehta told BuzzFeed News are necessary for the company’s continued growth, but that hundreds of vocal Instacart shoppers say are threatening their livelihoods. According to a Buzzfeed News analysis of 15 workers’ pay stubs, shifts that…
storytext Uber drivers in the U.K. won a landmark court case Friday that means they will qualify for the minimum wage, paid time off and other perks. An employment tribunal in London ruled that the drivers should be considered “workers” rather than self-employed contractors, dealing a major blow to Uber. “This is a monumental victory…
In a truly historic moment, New York City became the first city in the nation to protect freelance workers against client nonpayment today on October 27, 2016. This landmark victory is a testament to what can be accomplished when we stand together for the rights of the new workforce. Today, 38% of workers in NYC…
close story-meta Photo Credit Karyn Lee/Pratt Institute Cambridge, Mass. — I’ve been at Harvard University for 17 years, but I’ve never been in a classroom here. I’m a cook in the dining halls. I work in the cafeteria at the T.H. Chan School of Public Health, where every day I serve amazing students studying medicine,…
Economies need competition to work. Almost all basic economic theories, including supply and demand itself, rely on the assumption that companies lower prices to undercut the competition whenever possible. If sellers can set whatever prices they like, that’s a monopoly. And as any good Econ 101 class will teach you, monopolies hold production below…
Low-volatility funds, one of the trendiest of market trends this year, have become a high-anxiety trade of late. Sample the FT’s top stories for a week You select the topic, we deliver the news. Select topicSelect topicTop StoriesBrexitUS Election 2016China slowdownMillennial EconomyMarch of the RobotPlunging oil priceGlobal TerrorTech disruptionAdvertisingConnected Cars Enter email address Invalid email…
Social mobility, the amount that a typical American moves up or down the economic ladder from where their parents and grandparents stood, has became a major focus of political discussion, academic research and popular outrage in the years since the global financial crisis. While Americans have traditionally seen their country as a place where anyone can make through…
Crunch (The Jimquisition) SubscribeSubscribedUnsubscribe403,083403K Add to Want to watch this again later? Sign in to add this video to a playlist. Sign in Share More Report Need to report the video? Sign in to report inappropriate content. Sign in Transcript Statistics 21,587 Like this video? Sign in to make your opinion count. Sign in 21,588…
In Allentown, Pennsylvania, there’s a red brick building with a green door. Twelve families live there. They’re almost all single moms with kids, and they are all, by federal definition, homeless.The families are part of a transitional housing program called Turner Street. It’s two years long, and its purpose is to give them what they…