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Peter Parker is underpaid

Guilt, gratitude, music photography. Freelance Australian music photographer Leah Robertson writes about being underpaid, and how pervasive it is in the industry. Check out rates from around the world at Who Pays Photographers?
posted by Charlemagne In Sweatpants on Mar 16, 2013 - 20 comments

 

The Balinghou

Generation Gap: "The parents of China’s post-1980 generation [the bā líng hòu (八零後)] (themselves born between 1950 and 1965) grew up in a rural, Maoist world utterly different from that of their children. In their adolescence, there was one phone per village, the universities were closed and jobs were assigned from above. If you imagine the disorientation and confusion of many parents in the West when it comes to the internet and its role in their children’s lives, and then add to that dating, university life and career choices, you come close to the generational dilemma. Parents who spent their own early twenties labouring on remote farms have to deal with children who measure their world in malls, iPhones and casual dates." [more inside]
posted by zarq on Mar 7, 2013 - 16 comments

No quid, no quo

Can the UK's 'toilet circuit' of small music venues survive? From Coldplay to PJ Harvey, a lot of big British rock acts started out playing tiny pubs and clubs around the UK. But with many of these venues closing, who will keep the rock'n'roll dream alive? [more inside]
posted by ersatz on Feb 22, 2013 - 24 comments

Canadian Penny, 1858-2013

Today is a new day in Canadian specie, being the last day that the Royal Canadian Mint will distribute the penny. Cash transactions will now be rounded to the nearest $0.05. CBC posts an obituary. [more inside]
posted by dry white toast on Feb 4, 2013 - 230 comments

Defaced Money

"Defacement of currency is a violation of Title 18, Section 333 of the United States Code. Under this provision, currency defacement is generally defined as follows: Whoever mutilates, cuts, disfigures, perforates, unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, Federal Reserve Bank, or Federal Reserve System, with intent to render such item(s) unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both. Defacement of currency in such a way that it is made unfit for circulation comes under the jurisdiction of the United States Secret Service." - source
"Defaced Money" tagged Tumblr posts, 11 more impressive examples of creatively defaced currency, 101 Unusual, Impressive And Illegal Pieces Of Defaced Currency, and some cool guitar picks.
posted by spock on Jan 7, 2013 - 7 comments

"Victory as recorded on those screens made them feel like Masters of the Universe."

Eunuchs of the Universe: Tom Wolfe on Wall Street Today: [Daily Beast]
"As America teeters on a cliff, Tom Wolfe draws up a sterling indictment of our unscrupulous financial culture. Twenty-five years after Bonfire of the Vanities, the author returns to Wall Street to see what happened to the Masters of the Universe."

posted by Fizz on Jan 4, 2013 - 35 comments

Because one cigarette paper costs six copper pennies?

Why Are People Hoarding Coins?
posted by telstar on Dec 18, 2012 - 85 comments

"how we learned to stop worrying and embrace the abstraction"

A Brief History Of Money [more inside]
posted by the man of twists and turns on Dec 16, 2012 - 53 comments

People is important!

Dan Harmon on why you shouldn't take the internet seriously. [slyt]
posted by cthuljew on Dec 13, 2012 - 32 comments

For all debts, public and private

Banknote.ws attempts to collect and classify images of all the world's paper currency, both historical and modern, whether it's sublimely beautiful or utterly worthless. If you prefer your banknotes with snarky commentary, hasten to James Lileks' Engraveyard.
posted by theodolite on Dec 13, 2012 - 15 comments

Betting on the future

The African King With A Multi-Billion Dollar Empire RBH functions as a communitybased investment company whose primary investment aim is to generate the income required for the funding of sustainable projects. Income generated from RBH’s commercial interests is invested in infrastructural development, as well as in the members of the Nation itself. Over the past decade, more than R4 billion ($475 million) has been spent on roads, utilities, schools, clinics and other public amenities. This has benefited not only the Bafokeng, but other people living in the North West Province of South Africa, the area which the RBN calls home.
posted by infini on Dec 1, 2012 - 5 comments

Jack Whittaker's Powerball tragedy.

The day would come when many West Virginians recalled the story of Jack's Powerball Christmas with a shudder at the magnitude of ruination: families asunder, precious lambs six feet under, folks undone by the lure of all that easy money.
posted by Egg Shen on Nov 29, 2012 - 68 comments

Social Enclosures “R” Us

Who's the Shop Steward on Your Kickstarter? "The true product for sale on Kickstarter is not your art project, but your community and networks. ... Our projects that facilitate the funding are a side effect, a cost of doing business—the business of drilling our relationships for all they are worth."
posted by mykescipark on Nov 26, 2012 - 35 comments

Tazreen factory fire

At least 112 workers died in Tazreen garments factory fire in Bangladesh. The reasons of the fire are the subject of investigation, but the firefighters put the blame for the tragedy on the lack of fire exits. Since 2006, over 500 garment factory workers died in Bangladesh fires caused often by poor safety standards and shoddy electrical installations. The garments made in the Tazreen factory were sold by C&A, among others. Clothing makes up 80 percent of the country's $24 billion in annual exports.
Last year saw the 100th anniversary of another such tragedy.
posted by hat_eater on Nov 25, 2012 - 31 comments

Money, Power and Politics

In last night's episode of Independent Lens on PBS, filmmaker Alex Gibney presented the case that America's richest citizens have "rigged the game in their favor," and created unprecedented inequality in the United States. "Park Avenue: Money, Power and the American Dream" [video, website]
posted by nowhere man on Nov 13, 2012 - 51 comments

What am I, an idiot? I mean, kind of?

Ask A Banker: What's The Deal With High Frequency Trading? From the planet money NPR team.
posted by garlic on Nov 7, 2012 - 35 comments

How My Danish Friend Paid Off His Debt By Becoming A Gay Prostitute

How My Danish Friend Paid Off His Debt By Becoming A Gay Prostitute
posted by reenum on Oct 31, 2012 - 51 comments

Sequel to The Fool's Errand is released

The Fool and His Money - The sequel to the 1987 puzzle game The Fool's Errand has just been released, after nearly 10 years of delay and anticipation. [more inside]
posted by LobsterMitten on Oct 28, 2012 - 30 comments

What's wrong and how to fix it.

It’s not as though as a society we have become that much stupider than our forbears; it’s because we have become that much more corrupt.

Adam Garfinkle
discusses American political dysfunction in one, two, three parts.
posted by Shit Parade on Oct 27, 2012 - 13 comments

Visualizing the Euro crisis

The Absurd Quest for Euro Crisis Images: The Greeks aren't the only ones sick of the euro crisis. Photographers are reaching the end of their tether too, struggling to shoot images of euro coins in various states of distress to illustrate the story. Though some of the photos are absurd, they still get published -- because news outlets are equally desperate. Gallery. [via]
posted by daniel_charms on Oct 17, 2012 - 19 comments

Rubber Rooms Are Still Open, Just Different

Thought the "rubber rooms" where New York City teachers were sent to wait for disciplinary hearings were closed? Not so much. [more inside]
posted by reenum on Oct 16, 2012 - 32 comments

New Zealand loves its "precious"

In anticipation of "The Hobbit" movie, New Zealand has issued "Lord of the Rings" themed coins that are legal tender.
posted by reenum on Oct 14, 2012 - 92 comments

“PHILOSOPSHY”

Kevin Roose of Nymag.com posted about a brand new North Carolinian hedge fund that seemed less than impressive. The fund then started to use a sarcastic quote from Kevin's post as a kind of ringing endorsement on their website. Uh oh.
posted by The Whelk on Oct 6, 2012 - 43 comments

"they were never meant to be smoked in the first place."

Cigarettes: The Most Stable International Currency. In China, expensive cigarettes (not to be confused with counterfeits of popular brands) are sometimes used as bribes. Cash can be difficult to handle, or outright illegal, in some places. Since a smoking ban (and subsequent black-market trade in cigarettes) in US prisons, canned mackerel (previously on MetaFilter) has become the exchange medium of choice. [more inside]
posted by the man of twists and turns on Oct 2, 2012 - 34 comments

Librarians Vs. The ACS

Librarian Jenica Rogers wrote an interesting post on how her library decided to cancel their ACS subscription. Walking away from the American Chemical Society where she talks about money issues all too familiar to librarians but maybe not well known in the general public. Her post was picked up by The Chronicle Of Higher Ed The ACS only said "We find little constructive dialogue can be had on blogs and other listservs where logic, balance and common courtesy are not practiced and observed..." Things took a turn on a discussion list, where The Director of Office of Public Affairs for the ACS said "But I think you would agree that vulgarity and profanity postings do not lend themselves to meaningful, productive and civil discourse, thus our decision not to engage any further with her on this topic." Many other bloggers have taken up the torch including Walt Crawford, Jonathan Eisen, Iris Jastram, Chris Zammarelli and Steve Lawson, Any Woodworth, John Dupuis and one on ChemBark.
posted by Blake on Sep 28, 2012 - 62 comments

Pussy, Money, Weed.

cashcats.biz [more inside]
posted by azarbayejani on Sep 26, 2012 - 36 comments

Gambling For Kids: A How To Guide

Gambling For Kids: A How To Guide - a discussion of claw games, Panini sticker books, and in-app purchases in free-to-play games for kids.
posted by Artw on Sep 16, 2012 - 22 comments

Brother, can you spare a dime?

The National Bureau of Economic Research has published a new paper analyzing 138 years of economic history in 14 advanced economies, which proves that high levels of private debt cause severe recessions. (Via) Bonus SLYT: Money As Debt (1hr)
posted by infini on Sep 10, 2012 - 32 comments

use value vs. exchange value

What Is Value? What Is Money? (via via) [more inside]
posted by kliuless on Sep 1, 2012 - 15 comments

LETS

Start Your Own Currency - "In the Catalonia region of Spain, a restaurant and a community garden are part of an experiment in alternative cash--they are accepting a home-grown currency called the Eco as well as the Euro." [viz. gated article (Google link), cf. The Wörgl Experiment]
posted by kliuless on Aug 27, 2012 - 29 comments

Bank of Canada bans image of Asian-looking woman from new $100 bills over ethnicity criticism

The Bank of Canada has changed the design of its new $100 bill after receiving numerous comments from focus groups that the woman pictured looked like she was of Asian descent. [more inside]
posted by asnider on Aug 18, 2012 - 150 comments

The Business of Bond

Like James Bond movies? And box office grosses? And visualized data? Then today is your lucky day.
posted by Egg Shen on Aug 1, 2012 - 76 comments

“A Republic, if You Can Keep It”

"[T]he corrupting influence of money is the first problem facing this nation. That unless we solve this problem, we won’t solve anything else... The Framers, Lessig says, had just one kind of dependence in mind for members of Congress: a dependence on the people. He quotes The Federalist (the then-anonymous essays by Alexander Hamilton, James Madison, and John Jay that are often used as a contemporary account of the Framers’ intentions) to make this point: number 52 describes the House of Representatives as that “branch of the federal government which ought to be dependent on the people alone” (emphasis added). But in the last two decades, Lessig writes, members of Congress have developed a fearsome dependency: campaign cash. The total amount spent on campaigns by all candidates for Congress in 2010 was $1.8 billion. Fundraising has become a way of life..." (via 3 Quarks Daily)
posted by caddis on Aug 1, 2012 - 48 comments

Adventure Capital

How to make money with £100 Five Guardian writers speculate to accumulate.
posted by mippy on Jul 24, 2012 - 29 comments

Latter-Day Lucre

The most recent issue of Businessweek contains an article about How The Mormon Church Makes Its Billions. There has been a backlash, mostly over the cover.
posted by Fuzzy Monster on Jul 18, 2012 - 296 comments

What are the Chinese characters for "Didier Drogba"?

"The last European monopoly, in any area, is crumbling. This recently-opened transfer window has underscored, more than anything else, that it is no longer the European football clubs’ birthright to sign the greatest players in the world." -- Leander Schaerlaeckens on the growing clout of Chinese, Brazilian, and (WTF?) Indian soccer leagues in grabbing the top talent
posted by bardic on Jul 11, 2012 - 24 comments

"During the proceedings, the prosecutor took the time to mention that no other printer in the world could do what Kuhl had done."

Hans-Jurgen Kuhl was able to create "shockingly perfect" copies of the American $100 bill by using his artistic talents to conquer the various security features present in the bill.
posted by reenum on Jul 4, 2012 - 28 comments

"Just the idea of holding money can make people selfish."

How Money Makes People Act Less Human: Earlier this year, [Paul] Piff, who is 30, published a paper in the Proceedings of the National Academy of Sciences that made him semi-famous. Titled “Higher Social Class Predicts Increased Unethical Behavior,” it showed through quizzes, online games, questionnaires, in-lab manipulations, and field studies that living high on the socioeconomic ladder can, colloquially speaking, dehumanize people. It can make them less ethical, more selfish, more insular, and less compassionate than other people. It can make them more likely, as Piff demonstrated in one of his experiments, to take candy from a bowl of sweets designated for children. “While having money doesn’t necessarily make anybody anything,” Piff says, “the rich are way more likely to prioritize their own self-interests above the interests of other people. It makes them more likely to exhibit characteristics that we would stereotypically associate with, say, assholes.”
posted by Mooski on Jul 3, 2012 - 70 comments

"Whereas the left is always in danger of talking itself into the ground."

What's also obvious is that this phase of Occupy, with talk of credit unions and occupying the SEC, while eminently worthy, is also kind of boring, especially when compared to the thrill of Occupy's park phase. Some, though, are ready to move on. "It's easy to go back to the park occupation and fetishize it, in a way," says Occupy Chicago's Brian Bean. "I prefer not to run a mini-society – I want to run society." - The Battle For The Soul Of Occupy Wall Street - Rolling Stone - Mark Binelli.
posted by The Whelk on Jun 30, 2012 - 193 comments

Computer says No

For the past 4 days, up to 12 million NatWest / Royal Bank of Scotland customers have been unable to pay bills, move money or get paid due to a technical problem. Customers have been unable to complete on house purchases and some are stuck because they can't pay hotel bills abroad. The new mobile banking service has also been affected. The bank has called in 7,000 staff to open all weekend as problems persist.
Just three months ago, the State-controlled bank outsourced nearly 300 back-office roles to Hyderabad in India.
posted by Lanark on Jun 23, 2012 - 71 comments

the dawn of a Star Trek generation

In Praise of Leisure - "Imagine a world in which most people worked only 15 hours a week. They would be paid as much as, or even more than, they now are, because the fruits of their labor would be distributed more evenly across society. Leisure would occupy far more of their waking hours than work. It was exactly this prospect that John Maynard Keynes conjured up in a little essay published in 1930 called 'Economic Possibilities for Our Grandchildren.' Its thesis was simple. As technological progress made possible an increase in the output of goods per hour worked, people would have to work less and less to satisfy their needs, until in the end they would have to work hardly at all... He thought this condition might be reached in about 100 years — that is, by 2030." (via) [more inside]
posted by kliuless on Jun 22, 2012 - 117 comments

99p Stores vs Poundland

Why 99p is sometimes worth more than £1
posted by mippy on Jun 14, 2012 - 40 comments

sovereignty and taxation

David Graeber: Of Flying Cars and the Declining Rate of Profit (via) [more inside]
posted by kliuless on Jun 8, 2012 - 85 comments

Twilight of the Pr0n

How the Internet Killed Porn.
posted by Artw on Jun 6, 2012 - 132 comments

Batman as a Founding Father would answer a lot of questions...

Drawing on money can elevate a humble bill to something a bit more entertaining. [via]
posted by quin on May 29, 2012 - 25 comments

TED: Yes to "Drying your Hands," No to "Income Inequality."

"I can say with confidence that rich people don't create jobs, nor do businesses, large or small," said über-rich venture capitalist Nick Hanauer in a March 1st TEDx talk, which TED is refusing to put on its website. [more inside]
posted by blazingunicorn on May 16, 2012 - 98 comments

"I had little anxiety about buying things because I simply couldn’t afford anything."

"A Harvard MBA Pays Down $101K Of Debt." Two years after he graduated from Harvard with an MBA, Joe Mihalic, now manager of strategic alliances and business development at Dell, vowed to do “everything in my power–short of lying, cheating, and stealing–to pay down" his student loan debt, (then totaling 90K,) "in the next ten months.” After applying for a weekend delivery job, he also decided to chronicle the steps he was taking on a blog: "No More Harvard Debt." First page of posts is here. Penultimate post explains his process: "Mission Accomplished." [more inside]
posted by zarq on May 16, 2012 - 194 comments

In Canada, Alternate Currency Keeps Traction With Fans

Canadian Tire Company coupons, thought of by some as an alternative Canadian currency, may be on the way out. [more inside]
posted by reenum on May 14, 2012 - 63 comments

From Graduate School to Welfare.

"It's the dirty little secret of higher education," says Mr. Williams of the New Faculty Majority. "Many administrators are not aware of the whole extent of the problem. But all it takes is for somebody to run the numbers to see that their faculty is eligible for welfare assistance." [more inside]
posted by Kitty Stardust on May 10, 2012 - 590 comments

Love is what you Want

I'm sick of pretending. I DON'T "GET" ART. Wherein Vice's Glen Coco goes to a Tracey Emin retrospective at London's Hayward Gallery ... and gives up. [more inside]
posted by philip-random on May 2, 2012 - 228 comments

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