Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Last week New York City backed down from a plan to cap the explosive growth of Uber’s vehicle fleet. The mayor’s office declared the deal it reached to be a win-win for both sides, and warned Uber that an eventual cap is still a possibility if it doesn’t comply. But that threat seemed hollow given…
New York Mayor Bill De Blasio has lost round one against Uber. After locking horns with Uber, De Blasio has backed down from his plan to cap Uber’s growth in New York. Under a new agreement, the city will conduct a four month study on the environmental effects of on-demand car services rather than limiting the number of…
Tammy Eagle Hunter, youth programs director for the Cheyenne River Youth Project on the importance of love over money: RAPID CITY, SD—I’m not an artist. I work for the Cheyenne River Youth Project. We have a graffiti art park that we just opened. It’s a non-profit so you don’t get paid very much, but I…
The worst of Silicon Valley is the same, just flipped over and dipped into darkness. Listen, can you hear it? It is the sound of some other company as it hockey-sticks across graphs. It is a rags-to-riches story of a group of hardworking dreamers. It is one elite list after another, ranking everything from creativity…
Photo The McDonald’s on Eighth Avenue in Manhattan, between 34th and 35th Streets, is a throwback to a seedier era in New York City. Credit Hilary Swift/The New York Times Some customers pour beer into clear McCafé plastic cups and drink it right in the open. A man called Shamrock swills straight vodka from a…
New Google Chief Financial Officer Ruth Porat, who joined the company from Morgan Stanley in May, had a good first earnings call today. The company beat its projected revenues during its most recent quarter. More importantly, Porat was able to point to increased revenue in an area that has been a bugbear for Google in…
The red flags and marching songs of Syriza during the Greek crisis, plus the expectation that the banks would be nationalised, revived briefly a 20th-century dream: the forced destruction of the market from above. For much of the 20th century this was how the left conceived the first stage of an economy beyond capitalism. The…
Entry Text Millennials may be spending more for college and racking up record debt, but they don’t mind, according to a new survey of 500 university graduates by Credit Sesame. In summary, despite the skyrocketing cost of higher education, Millennials (individuals born between 1981 and 2004) have a more positive opinion of college than Gen…
Michael Wolff, USA TODAY 2:04 p.m. EDT July 13, 2015 The news media, like most businesses built on craft and culture, have largely worked as an apprentice system. Younger people learned skills and language from older people. A good media job would have been judged on the basis of the caliber of the more senior…
National Archives (United Kingdom) The official poverty line, as I wrote yesterday, is a dated and crude statistical concept that in many ways fails to capture America’s historical success at fighting economic need. It was based on the cost of food in 1963, mostly because the Department of Agriculture had some idea of what a basic grocery budget should…