599 posts tagged with Economy.
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Graphs of the Economy

Macrotrends has tons of economic graphs. Interactive historical charts of the Dow Jones Industrials Index, gold, crude oil not to mention oats, wheat, silver and aluminum. Also US unemployment perspectives, US debt-to-GDP, US National debt by President and everyone's favorite the 1929 Stock Market Crash. The data and the graphs are free to download.
posted by storybored on Aug 19, 2016 - 4 comments

Into The Black

I've nearly paid off $16,000 of student loan debt, but it cost me my friends This is the fourth installment of the series Into the Black , where we hear from people who found ways to pay off serious debt. This week we talked to Kyle Pendergrass, whose debt management has improved his mental and physical health, but who lost some friends in the process.
posted by Michele in California on Jul 29, 2016 - 89 comments

Three views of poverty.

The Precaritat was only a brief pause on the way down. Slate Star Codex takes a look at three articles on the economic "recovery" and all those it leaves behind.
posted by bitmage on May 24, 2016 - 76 comments

“bureaucratized rape” in the coal fields

‘Rape Rooms’: How West Virginia Women Paid Off Coal Company Debts | What was the Esau scrip? [with audio included] | The Whipple Company Store | The Soul of a Company Store - The Haunted History of Whipple, WV [audio, story sharing]. [more inside]
posted by nickyskye on May 12, 2016 - 16 comments

Where Did It All Go Wrong?

Free Basics: Facebook's Biggest Setback From Zuckerberg’s vantage point, high above the connected world he had helped create, India was a largely blank map. [more inside]
posted by modernnomad on May 12, 2016 - 48 comments

Maybe we need to find more non-edible uses for it

Consumerist: The U.S. has a giant cheese surplus and unfortunately, this is a bad thing. Bloomberg graph: Welcome to Cheese Mountain. (n.b. not a real, visitable, place) nymag: "Our great nation apparently had an inventory of 1.2 billion pounds at the end of March, the highest in 30 years." FoodDive: "Startups may see an opportunity to create marketable products out of inexpensive ingredients, and more cheese-based product startups could pop up and generate interest from investors and major manufacturers." Mashable: "Do your part. Eat more cheese."
posted by Wordshore on May 2, 2016 - 140 comments

Is This A Bubble?

A Poem About Sillicon Valley Made Up Of Quora Questions
posted by The Whelk on Apr 29, 2016 - 30 comments

“...the public anger about the economy is not without empirical basis.”

President Obama Weighs His Economic Legacy by Andrew Ross Sorkin [The New York Times] Eight years after the financial crisis, unemployment is at 5 percent, deficits are down and G.D.P. is growing. Why do so many voters feel left behind? The president has a theory. [more inside]
posted by Fizz on Apr 28, 2016 - 88 comments

TV & Class

TV's Dwindling Middle Class [SLNYT] Now on TV, no matter your actual job, almost everybody belongs to the same generic, vaguely upper-class class. [more inside]
posted by modernnomad on Apr 28, 2016 - 91 comments

Power to the [snake] people, right on!

A majority of millennials now reject capitalism, poll shows. The Harvard University survey, which polled young adults between ages 18 and 29, found that 51 percent of respondents do not support capitalism. Just 42 percent said they support it.
posted by anarch on Apr 27, 2016 - 173 comments

HubSpot is leading a revolution. HubSpot is changing the world.

My Year in Startup Hell. Dogs roam HubSpot’s hallways, because like the kindergarten decor, dogs have become de rigueur for tech startups. At noon, Zack tells me, a group of bros meets in the lobby on the second floor to do push-ups together... On the second floor there are shower rooms, which are intended for bike commuters and people who jog at lunchtime, but also have been used as sex cabins when the Friday happy hour gets out of hand. Later I will learn (from Penny, the receptionist, who is a fantastic source of gossip) that at one point things got so out of hand that management had to send out a memo. “It’s the people from sales,” Penny tells me. “They’re disgusting.” [more inside]
posted by Horace Rumpole on Mar 28, 2016 - 219 comments

Good riddance, gig economy

Uber, Ayn Rand and the awesome collapse of Silicon Valley’s dream of destroying your job
posted by standardasparagus on Mar 28, 2016 - 156 comments

by Joseph E. Stiglitz

China Has Overtaken the U.S. as the World’s Largest Economy
posted by infini on Feb 21, 2016 - 45 comments

The Cuban Money Crisis

The biggest change to the island’s economy isn’t the thaw in U.S.-Cuba relations.
posted by ellieBOA on Feb 8, 2016 - 17 comments

Dignified housing at an affordable price

"For over a decade, architecture students at Rural Studio, Auburn University's design-build program in a tiny town in West Alabama, have worked on a nearly impossible problem. How do you design a home that someone living below the poverty line can afford, but that anyone would want—while also providing a living wage for the local construction team that builds it?" Now Rural Studio has a prototype it's trying to bring to market, and it's hitting its biggest challenge yet: how to fit its small, efficient, inexpensive houses into an infrastructure that has no place for them.
posted by sciatrix on Feb 5, 2016 - 69 comments

Flatware for those who can afford it!

Despite the name games, airline food hasn't changed much. Economy class meals still come in a wrapper, and business or first-class meals come with real cutlery. This list shows the sometimes striking difference between what the different classes eat.
posted by heyho on Feb 5, 2016 - 65 comments

Looking Back on Romer (1990)

25 years ago, Paul M. Romer's oft-cited article: "Endogenous Technological Change" (pdf) was published in The Journal of Political Economy. In it, he tried to explain how technological progress and knowledge creation affected the dynamics of growth. Romer’s model (pdf) became the "primary engine that fueled a decade-long re-examination of long-term growth in economics." This past October, Dr. Romer posted 7 follow-up blog entries to his historic paper, in order to 'revisit the basics,' starting with: Nonrival Goods After 25 Years. [more inside]
posted by zarq on Jan 25, 2016 - 5 comments

Inside Outsider Art

This weekend, New York City hosted the 24th Annual Outsider Art Fair. Director Rebecca Hoffman shares some highlights, the New York Times provides an overview, and Bloomberg Business considers whether Outsider Art has gone mainstream. Meanwhile, a Christie's Ousider Art auction the same weekend brought in over 1.5 million dollars. [h/t]
posted by Room 641-A on Jan 24, 2016 - 10 comments

Compares textbook prices on new, used, ebooks and rentals

posted by zarq on Jan 21, 2016 - 27 comments

Apploitation in a city of instaserfs

How the “sharing economy” has turned San Francisco into a dystopia for the working class. Oh, Canada! I’m writing you from Berkeley, California to warn you about this thing called “the sharing economy.” Since no one is really sharing anything, many of us prefer the term “the exploitation economy,” but due to its prevalence many in the Bay Area simply think of it as “the economy.” Whatever you want to call it, the basic idea is that customers can outsource all the work or chores they don’t want to do to somebody else in their area. [more inside]
posted by modernnomad on Jan 7, 2016 - 170 comments

Broad Money includes Narrow Money

All of the World’s Money and Markets in One Visualization [more inside]
posted by soelo on Dec 23, 2015 - 14 comments

“If money is all that you love, then that's what you'll receive.”

A Darth Vader waffle maker? You really shouldn’t have…by David Mitchell [The Guardian]
“Star Wars, it turns out, is the most ambitious, enterprising and impressive exercise in the marketing of crap ever conceived by man. Crap, that is, apart from the toys. I have to make an exception for the toys because, as a child, I was an enthusiastic collector of Star Wars figures and spaceships. [...] But, toys aside, it really is crap. Anyone who enjoys their Stormtrooper single duvet cover set more than watching The Empire Strikes Back is a very odd person indeed – and unlikely ever to be in the market for a Stormtrooper double duvet cover set. These are all things that you either don’t need at all or you’d be slightly better off with a non-Star Wars version. And I say that as someone whose wife once gave him an R2-D2 eggcup as a present. Because if you love eggs, and you love Star Wars… you’ll still, in general, find yourself using a normal egg cup.”
posted by Fizz on Dec 20, 2015 - 115 comments

Demographic Destiny

The year 2050 is right around the corner, and yet it​ is hard to imagine the sweeping changes the world will confront by then. In a multimedia series, The Wall Street Journal helps readers ​envision how we will work, how we will age and how we will live. [more inside]
posted by ellieBOA on Dec 14, 2015 - 59 comments


By comparison to what it could have been, it’s a miracle. By comparison to what it should have been, it’s a disaster. - A historic deal has been struck in Paris to reduce carbon emissions and reduce global warming, with a ceiling of 2 degrees centigrade and a goal of 1.5C. 2015 has been the hottest year on record.
posted by Artw on Dec 12, 2015 - 80 comments

I'll show you where my shoe fits.

Cabinet Battle #1, explained
posted by roomthreeseventeen on Nov 28, 2015 - 65 comments

Democratic Debate at Drake University

Tonight at 9 EST Democratic candidates Hillary Clinton, Bernie Sanders, and Martin O'Malley will come together for a debate in Iowa at Drake University. [more inside]
posted by Drinky Die on Nov 14, 2015 - 169 comments

Rising deaths among white middle-aged Americans could exceed AIDS toll

Rising deaths among white middle-aged Americans could exceed AIDS toll in US A sharp rise in death rates among white middle-aged Americans has claimed nearly as many lives in the past 15 years as the spread of Aids in the US, researchers have said. The alarming trend, overlooked until now, has hit less-educated 45- to 54-year-olds the hardest, with no other groups in the US as affected and no similar declines seen in other rich countries. [more inside]
posted by modernnomad on Nov 2, 2015 - 129 comments

The future of low-wage workers

The Life and Death of an Amazon Warehouse Temp: What the future of low-wage work really looks like. "In the years since Amazon became the symbol of the online retail economy, horror stories have periodically emerged about the conditions at its warehouses—workers faced with near-impossible targets, people dropping on the job from heat or extreme fatigue. This isn’t one of those stories." (SLHuffPost)
posted by Melismata on Oct 27, 2015 - 76 comments

The biggest raise our mothers will ever receive

On Friday, South African university students achieved a historic victory; after a week's protest they ensured there would be no fee increases at universities in 2016. This has been led by women. [more inside]
posted by infini on Oct 24, 2015 - 9 comments

De Profundis Clamavi, o mandarin

In a week when China's troubled economy and plunging stock market have made headlines worldwide, the Globe and Mail probes one of hidden causes of the difficulty the country faces in transitioning to a modern consumer economy: The Ant Tribe, the middle class Chinese who are literally being driven underground. [more inside]
posted by Diablevert on Aug 25, 2015 - 20 comments

Why Your Rent Is So High and Your Pay Is So Low

Why Your Rent Is So High and Your Pay Is So Low
posted by anazgnos on Aug 6, 2015 - 112 comments

Sour Dough: Airbnb's impact in San Francisco

In a five-part series, the San Francisco Chronicle’s Carolyn Said examines Airbnb’s impact in San Francisco. (Previously) [more inside]
posted by Room 641-A on Jul 14, 2015 - 69 comments

Bitcoin is unsustainable

Bitcoin is unsustainable Bitcoin's power usage per transaction isn't remotely sustainable as a wholesale replacement for the conventional financial system. [more inside]
posted by modernnomad on Jul 2, 2015 - 82 comments

Krugman vs. The Austerians. FIGHT!

Krugman battles the Austerians. A little light infotainment for those becoming increasingly frustrated at the counterproductive policies pushed by partisan economists and more disturbingly by whole governments. [more inside]
posted by Beware of the leopard on Jun 26, 2015 - 34 comments

Don't mistake activity with achievement

Aspirational parents condemn their children to a desperate joyless life From infancy to employment, this is a life-denying, love-denying mindset, informed not by joy or contentment, but by an ambition that is both desperate and pointless, for it cannot compensate: childhood, family life, the joys of summer, meaningful and productive work, a sense of arrival, living in the moment.
posted by bodywithoutorgans on Jun 10, 2015 - 86 comments

40 acres and a mule

A Reparations Infographic
posted by aniola on Jun 9, 2015 - 42 comments

Self-Inflicted Wounds

Several recent developments reveal how political and institutional fragmentation in the United States has produced self-inflicted wounds for the U.S. abroad. In all of these instances, America’s ability to exercise economic power in the world has been deliberately curtailed through decisions made unilaterally in Washington by American political leaders.
posted by infini on May 20, 2015 - 19 comments

What are you sharing with me anyway?

Disruption’s Tragic Flaw The case of Uber shows why European companies should not follow the example of their American competitors too closely. It pays to take the needs of customers and contractors into account.
posted by infini on May 14, 2015 - 44 comments

The $179 Million Picasso

Picasso's "Les Femmes d'Alger" sold for a record-breaking $179,365,000 yesterday at a Christie's auction in New York. [more inside]
posted by ourt on May 12, 2015 - 48 comments

What do people in China buy online?

BBC: "Huang's new project is based on a similar idea - this time, he asked people to display everything they've ever bought online. The results are a testament to the overwhelming popularity of online shopping, particularly China's most popular internet shopping platform, Taobao." [more inside]
posted by Wordshore on Apr 29, 2015 - 8 comments

The Asshole Factory

They are designed to disinfect us of our fragility. To cleanse us of our flaws. To disinfect us of weakness. Love, grace, mercy, longing, forgiveness, passion, truth, nobility, dreams. Their objective is to stamp all that out; to eradicate it; to erase it. To replace it with calculation, ruthlessness, self-concern; gluttony; cruelty; anxiety, despair. By using the most sophisticated technology ever made to subjugate, oppress, and goad us into being little torturers ourselves. Our economy doesn't make stuff anymore. So what does it make?
posted by philip-random on Apr 26, 2015 - 92 comments

Dólar Blue

Inside Argentina's Blue Dollar Market. [more inside]
posted by zarq on Apr 23, 2015 - 7 comments

Role-playing games and political economy in Brazil

A short history of gaming in Brazil: "To understand the history of gaming in Brazil dear reader, you must know a little bit about our political and economic history ... In 1991, a small publisher by the name of GSA published a roleplaying game called Tagmar [translation], often lauded as the first Brazilian RPG. ... They also released Desafio dos Bandeirantes, a game set in 17th century colonial Brazil using regional folklore instead of European myths, and a sci-fi game, Millenia [translation] ... In February 1994, the Brazilian authorities set in motion a major economic plan that invigorated the Brazilian economy for the first time since 1973. By March, the currency stabilized enough to assure the population (and companies) that their money would be worth the same by the end of the week ... The happy result for gamers was that companies started buying game licenses right and left." Via. See also History of Brazilian RPGs, History of Brazilian RPG magazines, Role-playing games in education in Brazil: how we do it [PDF], and President Cardoso reflects on Brazil and sociology.
posted by Monsieur Caution on Mar 13, 2015 - 4 comments

Would I argue with the Federal Reserve

Youe life time earnings and something you probably do not want to hear. People projected to earn the median amount will see their earnings grow 38 percent from the time they're 25 to when they turn 55; those in the 95th percentile will see their earnings grow 230 percent over the same period; and those in the 99th percentile will see their earnings grow 1,450 percent. That may seem obvious—those at the top of the wealth differential were probably propelled there by astronomical earnings growth, not a streak of flat earnings. The Fed report, however, points out that the steepest pay increases happen early. "Across the board, the bulk of earnings growth happens during the first decade," Fortunately for me mine took the upward swing after 23 years of employment. There is still hope.
posted by rmhsinc on Feb 14, 2015 - 26 comments

A World Overflowing with Debt

Step Aside from US Centric. Eurocentric and Step into Global Debt. 2007 revisited That's the warning today from McKinsey & Co.'s research division which estimates that since 2007, the IOUs of governments, companies, households and financial firms in 47 countries has grown by $57 trillion to $199 trillion, a rise equivalent to 17 percentage points of gross domestic product. While not as big a gain as the 23 point surge in debt witnessed in the seven years before the financial crisis, the new data make a mockery of the hope that the turmoil and subsequent global recession would put the globe on a more sustainable path. This is not new but it is troublesome--particularly the concern that neither austerity nor growth will solve this.
posted by rmhsinc on Feb 6, 2015 - 24 comments

America's "Advanced Industries"

Some statistics and maps about jobs in "Advanced Industries", defined as industries that employ a higher percentage of STEM workers than the national average of all industries and R&D spending per worker above the 80th percentile of industries.
posted by wye naught on Feb 4, 2015 - 4 comments

Will you fulfill your destiny and become a tangerine octodecillionaire?

"Tangerine Tycoon is a realistic tangerine economy simulator. Get your hands on quadrillions of tangerines by harvesting, gambling or trading them on the stock market. Most likely a combination of all 3. They say money is the root of all evil but surely tangerines can't do any harm." [more inside]
posted by jbickers on Jan 23, 2015 - 79 comments

People have phenomenal capacity.

"What Obama would say at the State of the Union if he were being brutally honest": They do it because that's how the game works. They do it because the rules are you line up in front of the other team and then you hit them as hard as you can. They do it because, for one side to win, the other has to lose. And they do it because, if they don't do it, they're off the team. Football has no place for conscientious objectors. [more inside]
posted by roomthreeseventeen on Jan 20, 2015 - 195 comments

“finance is a practice oriented industry”

the heretic’s guide to global finance - Brett Scott interviewed by Lewis Bassett. [more inside]
posted by the man of twists and turns on Jan 19, 2015 - 4 comments

You will come down too soon

A Mexican restaurant has started a Sunday brunch to expand its revenues beyond dinner. A Mercedes dealer, anticipating reduced demand, is prepared to emphasize repairs and sales of used cars. And people are cutting back at home, rethinking their vacation plans and cutting the hours of their housemaids and gardeners.

In Texas, they're hunkering down for the Oil Bust.
posted by four panels on Jan 19, 2015 - 80 comments

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