Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Iceland sent a letter to the president of the European Union on Thursday, formally withdrawing plans to join the bloc. The letter (pdf) will have come as no surprise. Iceland had terminated negotiations aimed at bringing itself into union in 2013, when a new government came to power. One divisive issue that kept the two sides from reaching an…
The threat, made by the Greek justice minister and reported in the daily Kathimerini newspaper, has been supported by Prime Minister Alexis Tsipras, who told the Greek parliament he would pursue the “very technical and sensitive” matter. Justice minister Nikos Paraskevopoulos has reportedly called for “war reparations, the repayment of a forced loan and the…
And so, a little over a year after the last debt ceiling hike melodrama, in allowed the US kicked the can on its maximum borrowing capacity was extended until, well, know, and in the meantime total US public debt rose to $18.149 trillion… … the soap opera with the self-imposed borrowing ceiling on America’s “credit…
It has become fashionable in many circles to denigrate Keynes and Keynesianism because unconventional monetary policy hasn’t worked. I’m not going to mince words, people who make that argument are idiots. Unconventional monetary policy is not Keynesian stimulus. Keynesian stimulus is about widespread demand: giving money to rich people is not Keynesian stimulus. The government…
Tech media eulogized one of its own on Tuesday when GigaOm abruptly announced it had run out of money and was ceasing operations after eight years. GigaOm had a big-name founder, blogger Om Malik, and loads of money ($22 million) from VC backers, and was seemingly on the march, snapping up PaidContent in 2012. According to…
The South Bronx isn’t falling for Fresh Direct’s dirty trucks .article-header Another day, another tale of social and environmental injustice. This one takes us to the South Bronx, where residents are trying to keep Fresh Direct, a popular food delivery service, from setting up shop in their neighborhood and flooding their streets with delivery trucks….
We don’t normally think of unpaid work as relevant to the economy. Housework – the cycle of cooking, cleaning, wiping, soothing, ironing that forms the daily life of so many women around the world (and yes, the emergence of the New Man notwithstanding, it is still women who do the vast bulk of unpaid work)…
This week is Book Week at Belt. We’ll be swaying from our traditional formula and sharing with you samples from some of our print publications, including a sneak peek at an upcoming release. With today’s piece, we’re highlighting A Detroit Anthology. — By Marsha Music Photos by Aaron Waterman / “Jump Rope” banner art by Kathleen…
As part of its annual US graduate school rankings, US News has released data that tracks enrollment and tuition growth for the schools it ranks. Despite substantially higher costs across the board, most disciplines have seen rising (rapidly, in the case of engineering) or steady enrollment. A notable exception is law school, for which enrollment is declining. Despite the tough climate for American law school graduates,…
Stock market trends – Associated Press Interactive.