Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
This article originally appeared on AlterNet. In the past few years, San Francisco’s massive rents have displaced long-time residents and worsened the city’s already epic homelessness problem, sending more people into encampments or forcing them to live in cars or doubled up. Now, residents have the opportunity to experience that glamorous lifestyle by paying $600…
The freelance life. (Photo by flickr user @eekim, used under a Creative Commons Attribution License) Rachel Northrop shouldn’t have to use her credit card to buy groceries. She’s a successful young professional, after all, freelancing for several trade journals about tea and coffee production after having published a book on the subject in 2013. But…
You may have heard about the staggering wealth inequality that exists in America. A new report gives us some new figures that show just how bad the situation is. Among the findings from “Billionaire Bonanza: The Forbes 400 and the Rest of Us” by the Institute for Policy Studies: At $2.34 trillion, the Forbes 400…
Library of Congress In 1930, the economist John Maynard Keynes famously argued that by the time a century had passed, developed societies would be able to replace work with leisure thanks to widespread wealth and surplus. “We shall do more things for ourselves than is usual with the rich to-day,” he wrote, “only too glad to…
Duration matters: The longer someone was out of work, the more likely it is that they’ve quit looking. Of the total, 55 percent who were unemployed for more than two years fell into the category; 32 percent of those idle for 13 to 24 months and 34 percent out for seven to 12 months had…
MANHATTAN — Mayor Bill de Blasio wants to change some of the city’s existing zoning regulations as part of his 10-year plan to create 80,000 new affordable units of housing and preserve another 120,000. The 526-page plan has implications for every neighborhood in New York City. Department of City Planning officials have visited community boards…
Excerpted from John Hussman’s Weekly Comment, The atmosphere is getting thin up here, and every ounce counts triple when you’re climbing in rarefied air. While near-term market dynamics are more likely to be impacted by Friday’s employment report than any other factor, our broad view remains that stocks are in the late-stage top formation of…
When earlier today we read a report in the Greek Enikonomia, according to which Greek taxpayers would be forced to declare all cash “under the mattress” (including inside) or boxes that contain more than 15,000 euros as well as jewelry and precious stones (including gold) worth over 30,000 euros, starting in 2016, we assumed this…
Photo Credit Illustration by John Whitlock, Photographs From Getty Images SO far the gender revolution has been a one-sided effort. Women have entered previously male precincts of economic and political life, and for the most part they have succeeded. They can lead companies, fly fighter jets, even run for president. But along the way something…
“These girls have to deal with men in their lives every day…they don’t listen to them, they don’t even ask them what they want. All we have to do is ask them what they want. And when they tell you, it’s a beautiful thing, man. We’re like healers or something.” — Donald Glover in Magic Mike XXL There’s…