601 posts tagged with money.
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The Change Trays of Japan: Object lesson

"I am very curious about those small trays that are used in Japan when settling daily cash transactions. Instead of handing your payment to the clerk, or setting it on the counter by the cash register, here you are generally expected to put your payment into a tray that is presented expressly for the purpose. ... So, what the heck are these trays called? And what is their origin and purpose?" [more inside]
posted by MonkeyToes on Jun 1, 2015 - 43 comments

Less Marc Jacobs More Jane Jacobs

Why is one of the most desirable neighborhoods in NYC full of shuttered storefronts?
posted by The Whelk on May 29, 2015 - 139 comments

Class of 2015

via NYT: "Each year, we put out a call for college application essays about money, work and social class. This year, we picked seven -- about pizza, parental sacrifice, prep school students, discrimination and deprivation."
posted by roomthreeseventeen on May 21, 2015 - 3 comments

Tomorrow's Advance Man

The New Yorker's 13,000-word profile of Marc Andreessen
posted by mecran01 on May 12, 2015 - 31 comments

How Gentrification Happens

"They don’t know — here he lowers his voice — that even if they get the money and they left, they could always come back. They don’t know that part. And it’s so scary sometimes because they could come up in the middle of construction and say, “It’s my property, I didn’t understand what I was signing, and I want to come back.” -- DW Gibson interviews a Brooklyn landlord about how they push poor black residents out in favor of affluent whites.
posted by The Whelk on May 12, 2015 - 56 comments

Whole Foods Got Millennials All Wrong

The Washington Post reports companies like Whole Foods originally assumed Millennials would spend more on food (among other consumptive goods) than they're actually willing to. So they're lowering their prices. [more inside]
posted by ourt on May 8, 2015 - 199 comments

how do you even put people on money?

One of These 4 Radical, Badass Women Could Be on the $20 Bill [more inside]
posted by aniola on May 1, 2015 - 75 comments

Dólar Blue

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

"...the best song Jagger and Richards have written in twenty years"

YoutTube: The story of Bitter Sweet Symphony | Andrew Oldham Orchestra - The Last Time (1965) | Original video | 2010 studio performance for Radio 1 Presents | 2008 concert performance | Live at Glastonbury 2008 | Glastonbury 2011 | potted history of The Verve at BBC News
posted by joseph conrad is fully awesome on Apr 18, 2015 - 15 comments

Funny money

Comic's Comic provides a graphic of the top 25 richest living comedians. Seinfeld: $800 million. (derived from Celebrity Networth's list of the top 50 of all time)
posted by anothermug on Mar 17, 2015 - 49 comments

Wow, that literally costs an arm and a leg!

How much is your middle finger worth? A worker's comp breakdown by state.
posted by phunniemee on Mar 13, 2015 - 35 comments

Knowledge is our Superpower

"Despite scant funding and resources, London’s Feminist Library is turning their 40th year into a celebration of storytelling, history – and, hopefully, sofas." Stephanie Boland at The New Statesman, 'She blinded me with library science': why the Feminist Library is more vital than ever. [more inside]
posted by joseph conrad is fully awesome on Mar 5, 2015 - 3 comments

Back to the Future 2 is real

Imagine you could invest in the stock market last week, with perfect knowledge of how it will move this week. 25 year old Frenchman Max-Hervé George does not need a Delorean, he is the beneficiary of a very unusual 8000 euro life insurance policy that lets him do just that. He could be a billionaire by the end of this decade and, by the end of the next, his contract would be worth more than the insurance company which stands behind it, Aviva France.
posted by Another Fine Product From The Nonsense Factory on Feb 27, 2015 - 94 comments

Baltimore Transit

How we saved Baltimore $600,000 in one day.
posted by josher71 on Feb 25, 2015 - 77 comments

It’s like living your life as a job interview. Forever.

The End of Black Respectability Politics (SL TPM)
posted by roomthreeseventeen on Feb 20, 2015 - 27 comments

"The global elite is basically looking for a safe-deposit box."

"The global elite is basically looking for a safe-deposit box." Last July, NYMag published a lengthy piece on rich foreigners hiding hard-to-track money in NYC Real Estate (prev) This weekend, the NYTimes began publishing on "Towers of Secrecy" with the first in several deeply-researched pieces on the very rich, very shady figures buying high-end real estate in Manhattan: Stream of Foreign Wealth Flows to Elite New York Real Estate. [more inside]
posted by entropone on Feb 9, 2015 - 69 comments

[GREEN] JOBS FOR ALL

Let Us Face the Future - "All parties pay lip service to the idea of jobs for all. All parties are ready to promise to achieve that end by keeping up the national purchasing power and controlling changes in the national expenditure through Government action. Where agreement ceases is in the degree of control of private industry that is necessary to achieve the desired end. In hard fact, the success of a full employment programme will certainly turn upon the firmness and success with which the Government fits into that programme the investment and development policies of private as well as public industry." [more inside]
posted by kliuless on Jan 29, 2015 - 10 comments

'We Are Koch'

Kochs Plan to Spend $900 Million on 2016 Campaign - "an unparalleled effort by coordinated outside groups to shape a presidential election that is already on track to be the most expensive in history... These donors represent the largest concentration of political money outside the party establishment, one that has achieved enormous power in Republican circles in recent years. Now the Kochs' network will embark on its largest drive ever to influence legislation and campaigns across the country, leveraging Republican control of Congress and the party's dominance of state capitols to push for deregulation, tax cuts and smaller government."
posted by kliuless on Jan 27, 2015 - 77 comments

Money, privilege, luck, connections

“Sponsored” by my husband: Why it’s a problem that writers never talk about where their money comes from.
posted by naju on Jan 25, 2015 - 100 comments

Dealing with the transition to the information age

BIG and BOT Policy Proposals (transcript) - "Many of our current economic policies originated during times of scarcity. But now, says investor Albert Wenger, we live in an era of 'digital abundance', when creating new products costs virtually nothing. To adapt to the resulting economic upheavals, we won't need just more tech, says Wenger, but some strong policies. Here he explores two: basic income guarantee and the right to be represented by a bot." [more inside]
posted by kliuless on Jan 23, 2015 - 14 comments

Death of Banks

The End of Banking: Money, Credit, and the Digital Revolution - "Unregulated banking with access to government guarantees is an enticing business model. It offers the profits of excessive risk-taking in good times, and allows passing on the inevitable losses to taxpayers in bad times." [more inside]
posted by kliuless on Jan 21, 2015 - 19 comments

The Place for Royalty and The Right Sort of Young

When Mark Birley died at the age of 77 he left behind a legacy of London nightclubs for the aristocratic set ...and a highly contested $200 million dollar estate with last second will changes, phony ex-girlfriends, and feuding children. Maureen Orth explores the family life of the nightlife king.
posted by The Whelk on Dec 12, 2014 - 10 comments

Why Poor People Stay Poor

Saving money costs money. Period.
posted by beukeboom on Dec 7, 2014 - 179 comments

Here's a box of chocolates; it is your duty to eat them.

People like order in their lives. This does not go down well with those who feel that social restraints of any sort are a bad thing, but these people are a distinct, if very noisy, minority. Most of us want social rules of some sort – not oppressive ones, of course – but rules that govern the way we conduct ourselves towards others. We want people to queue correctly.

We like it when people don’t chew with their mouth open. We love it – although we may be cowed into not saying this – when an able-bodied person gives up a seat to somebody who is clearly frailer. Personally, I like it when anybody gives up a seat on a train to anybody else, frail or not. (Novelist Alexander McCall Smith discusses Jane Austen's Emma in The Daily Mail.)
posted by joseph conrad is fully awesome on Nov 11, 2014 - 35 comments

"Limitless wealth was a craft project."

The Great Paper Caper: Wells Tower (previously) reports on how one guy in Canada, Frank Bourassa, manufactured over $200 million in counterfeit U.S. twenty-dollar bills and more-or-less got away with it.
posted by Cash4Lead on Oct 28, 2014 - 21 comments

Geometric Lathes!

A demonstration of several geometric lathes, which produced anti-counterfeiting patterns for banknotes, plus a reducing lathe to make coin and medal dies. (SLYT)
posted by Small Dollar on Oct 24, 2014 - 16 comments

f-bombs for feminism?

Potty-Mouthed Princesses Drop F-Bombs For Feminism (YouTube; NSFW), FCKH8's new video campaign, has gone viral - attracting both praise & criticism. FCKH8's campaigns have sparked similar mixed reactions before. [more inside]
posted by flex on Oct 23, 2014 - 32 comments

Buy now, pay forever

Continuing the exposure of how "being poor is expensive," the Washington Post takes a look at rent-to-own purchases in its article, Rental America: Why the poor pay $4,150 for a $1,500 sofa. [more inside]
posted by fireoyster on Oct 17, 2014 - 116 comments

The rise of Direct to Consumer advertising of perscription drugs

There are various changes that come with the greying of the traditional television audience, including the kinds of ads being aired, as the median age of a broadcast or cable television viewer is increasing faster than the median age of the US population at large. Older people are treated to a litany of drug ads, filled with lists of horrifying side effects, thanks to the ability for drug companies to market directly to customers. The rise in such advertising is now the most prominent type of health communication that the public encounters, but it hasn't always been the case.
posted by filthy light thief on Oct 10, 2014 - 41 comments

Norway's new bank notes

Norway, which is not part of the Euro currency cooperation, has new design for its bank notes. Whereas the older note design from the 90s featured prominent Norwegians, the theme for the new currency is the ocean. One side features a pixelated motif from design giants Snøhetta, and the other side features detailed nautical images designed by The Metric System. Visual News has some coverage here, and you can look through all the submissions, including the discarded ones, in a Norwegian language PDF from Bank of Norway here. The winning design will be worked over slightly to incorporate security features, and the new bills will be in circulation from 2017.
posted by Harald74 on Oct 9, 2014 - 30 comments

sex work: fantasies as commodities, consent, and emotional labor

"In my experience, the reminder that the sexual fantasy isn’t real, that the women who perform availability aren’t ACTUALLY available, that we aren’t ACTUALLY clamouring to be sexualized by men, that we control when the fantasy starts and stops, and that our performance is just that, a performance that requires compensation… well, some men find that hard to swallow." [more inside]
posted by flex on Oct 6, 2014 - 127 comments

MacWHAAAAAAT?????

"What a bizarre day. I'm sitting here watching my email fill up with message after message from people from so many different times and places of my life, all congratulating me for the astonishing good fortune of receiving a MacArthur Fellowship. Not to mention a flurry of texts and tweets, and I haven't had the energy to even look at Facebook." Cartoonist and Graphic Memoirist Alison Bechdel (previously on MetaFilter: 1, 2, 3, 4) has won the prestigious MacArthur Genuis grant, giving her the opportunity to dig into her archives for a previous comic she drew in 2004 to conclude her reaction blog post. [more inside]
posted by joseph conrad is fully awesome on Sep 24, 2014 - 32 comments

The Social Construction of Money (Wealth/Capital in the 21st Century)*

The political economy of a universal basic income: "your view of what is feasible should not be backwards looking. The normalization of gay marriage and legalization of marijuana seemed utopian and politically impossible until very recently. Yet in fact those developments are happening, and their expansion is almost inevitable given the demographics of ideology... UBI — defined precisely as periodic transfers of identical fixed dollar amounts to all citizens of the polity — is by far the most probable and politically achievable among policies that might effectively address problems of inequality, socioeconomic fragmentation, and economic stagnation." [more inside]
posted by kliuless on Sep 19, 2014 - 62 comments

keeping up with the Joneses

give me gratitude or give me debt [more inside]
posted by flex on Sep 1, 2014 - 45 comments

No Fruit From Labor

When Restaurant Workers Can't Afford To Eat
posted by The Whelk on Sep 1, 2014 - 65 comments

"And I’m going to keep doing it, unless you pay me to stop."

Don’t Want Me to Recline My Airline Seat? You Can Pay Me [New York Times]
"...airline seats are an excellent case study for the Coase Theorem. This is an economic theory holding that it doesn’t matter very much who is initially given a property right; so long as you clearly define it and transaction costs are low, people will trade the right so that it ends up in the hands of whoever values it most. That is, I own the right to recline, and if my reclining bothers you, you can pay me to stop."

posted by Fizz on Aug 27, 2014 - 548 comments

Sometimes, life is like a box of cacao products

"Enrique Martinez didn't like chocolate, but he was eating as many as 10 pieces a day, drinking chocolate protein shakes and rubbing a chocolate-based skin cream on his face. It was expensive chocolate, too. Martinez and his wife, Michelle, were going through $2,000 in chocolate a month."
posted by reenum on Aug 16, 2014 - 31 comments

"— a fixer who knew just what to do."

PAPER BOYS: The Dark World of Debt Collection [New York Times] In the murky world of unpaid bills, a banker and an ex-con can make a fortune — if they don’t run into too many crooks.
posted by Fizz on Aug 15, 2014 - 16 comments

There is nothing quite as beautiful as cash

The fraught business of making fake money for movies and TV.
posted by Chrysostom on Aug 6, 2014 - 26 comments

We Deserve Better Dressed Billionaires

"You're a rich white man. You're used to being listened to. But while you're jabbering away, all anyone can see is your garbage shirt that you bought for twenty bucks and have been wearing all year, shoved nastily into your shiny off-the-rack suit. Why would you do this to your brand?" - Shirterate, a clothing consultation service for tech moguls by opinionated homosexuals.
posted by The Whelk on Jul 10, 2014 - 75 comments

Utility, welfare, and efficiency

  1. Welfare economics: an introduction
  2. The perils of Potential Pareto
  3. Inequality, production, and technology
  4. Welfare theorems, distribution priority, and market clearing
  5. Normative is performative, not positive

posted by kliuless on Jul 7, 2014 - 7 comments

What The Poor Deserve

"When our donors met the actual people they were helping they often didn’t like them. During our Secret Santa drive, volunteers sometimes refused to drop gifts at houses with TVs inside. They got angry when clients had cell phones or in some other way didn’t match their expectations. Other times, the donations we got were too disgusting to pass along—soup cans that bulged with botulism and diapers so dry rotted they crumbled in our hands. One Thanksgiving, a board member called from the parking lot, requesting help carrying a frozen turkey from her trunk to our office. “Can you find a deserving family?” she asked. I lugged the bird up three flights of stairs. Somewhere near the top, I noticed the expiration date. It was seventeen years old." Anya Groner talks about working for Hudson Outreach in up-state New York and the sobering, chilling effect it had on her idealism.
posted by The Whelk on Jul 7, 2014 - 95 comments

an overconfident autodidact’s imitation of a Lewis Lapham essay

“Moldbug.” The name sounds like it belongs to a troll who belches from the depths of an Internet rabbit hole. And so it does. (SLTheBaffler) [more inside]
posted by Rustic Etruscan on Jul 1, 2014 - 67 comments

Some are red. Some are blue. All are green.

Greenhouse is a browser app for Firefox, Chrome, and Safari that allows you to mouse over any Congressperson's name in your browser to reveal where their campaign money comes from. [more inside]
posted by sockermom on Jun 24, 2014 - 23 comments

Financial Friend-Fiction?

How much do Belchers of "Bob's Burgers" actually pay in rent?
posted by The Whelk on Jun 23, 2014 - 67 comments

...for everyone who contributed too much to MeFi and ran out of money

Poorcraft is on the Web. The acclaimed comic book guide to "living well on less", written by C. Spike "Templar, Arizona" Trotman* and drawn by Diana "Intrepid Girlbot" Nook, after two years in print, is getting a second life as a free webcomic**, publishing a page a day for the next five months. So don't declare insolvency until you've gotten all the moneysaving tips! Recommended by notable MeFites. [more inside]
posted by oneswellfoop on May 27, 2014 - 28 comments

WHY CAN'T BANDS WITH UNLIMITED RESOURCES MAKE GOOD ALBUMS?

When the band announced they’d be getting back together in 2000 after a three-year hiatus, people were understandably excited. Here was a band with a cannon of music that included everything from “Say It Ain’t So” to “El Scorcho” getting ready to unleash a new set of works on the world, the way we all wished J.D. Salinger would. Then “The Green Album” came out and although it featured Mikey Welsh instead of Matt Sharp, everything from the artwork to the use of producer Ric Ocasek seemed to indicate a return to form for the celebrated geek rock act. Except it wasn’t. I’d like to think that even the most strident Weezer supporters would admit that a song like “Hash Pipe” would never have fit on the first two albums, not because Cuomo had vastly evolved as a songwriter, but because it completely lacked the spark and character that typified the band’s earlier works. In fact, Weezer reportedly wrote 75 songs for this album yet this was the best collection they could come up with.
posted by josher71 on May 22, 2014 - 73 comments

Baa Baa Black Sheep, have you any, uh… wool?

The Age of Uncertainty, A Personal View by John Kenneth Galbraith was a 12 (or 15) part documentary mini-series about the fickle art of economics, co-produced by the BBC, CBC, KCET & OECA, and broadcast on television in 1977. Galbraith’s dry Scottish Canadian wit, and the 70’s-style art-direction, are worth viewing for those who like this sort of thing. The parody corporate videos for the Conglomerate UGE anticipated some of the ideas explored later in the 2003 documentary The Corporation. Some parts will seem dated, considering that this series was produced in the thick of The Cold War, before the rise of Reaganomics, Thatcherism, The Fall of the Berlin Wall, the rise of the EU, yuan, electronic transfers, etc. The basic insights about the instability of financial markets are still real, as always. [more inside]
posted by ovvl on May 19, 2014 - 5 comments

The Last Shot, 20 Years On

Amos Barshad of Grantland talks to Darcy Frey and the basketball players featured in the classic book The Last Shot 20 years after the book's release.
posted by reenum on May 15, 2014 - 1 comment

“Myer, invest the money with your friend Warren.”

Rabbi Myer Kripke, of Omaha, dies at 100. The New York Times obituary tells the story of the Kripkes and a couple they played bridge with and became friends with, Susan and Warren Buffett. In 1966, they approached Buffett to manage their savings, and they wound up making $25 million, all of which they gave away. The Times piece also devotes a half a sentence to Rabbi Kripke's son, "Saul Kripke, a Princeton scholar who has been called the world’s greatest living philosopher" (cynics should note that Saul Kripke shot to prominence before his parents were rich).
posted by grobstein on May 5, 2014 - 19 comments

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