A Swarthmore College student-reporter's questioning of whether it is moral to go into banking sparks NYT columnist Nick Kristof to not only assert the affirmative, but to argue (in part) that in fact more well-educated, liberally-mined people should go into "conservative" industries like banking in order to reform it from the inside. In effect, Kristof suggests, socialist-leaning, educationally-empowered students should hunker down, swallow their disdain, and apply their ideals to change finance. Said student responds (in Slate): elite, ostensibly liberal-leaning students don't seem to be particularly discouraged from capitalism or going into banking in this climate, and probably never have been.
Single Link NYT Post: A Tax-Form For The Marginally Employed.
"With job openings scarce for young people, the number of unpaid internships has climbed in recent years, leading federal and state regulators to worry that more employers are illegally using such internships for free labor." (via)
IT workers get back to basics. (NYT Registration required) An unemployed IT worker who used to earn $125k opens his own crepe stall in NYC. And Jamie Zawinski (a founder of the Mozilla project) quit Netscape, and opened his own bar in LA! What about mainframe programmer with 30 years' experience who just became a chef? Even Dilbert has been having a bad time. Some people will stay in IT regardless, but with the valley's job market stagnant, call centers and programming jobs disappearing to India, and many unfulfilled dot com prophecies, hundreds of engineers are considering dropping IT for more hands-on pursuits. It's like the movie, Office Space. So, has the 'Great IT Depression' led you to reconsider your occupation? (Warning: Slashdot inspired post.)