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Bandz a Make her Class

Juicy J, member of the Oscar award-winning group Three 6 Mafia has offered $50,000 to promote his single 'Scholarship'. [more inside]
posted by hal_c_on on Aug 29, 2013 - 16 comments

“It just got very, very old and all of us felt that we were whores."

More than half the population of small, rural Madras, Oregon (population: ~6059) and its surrounding community is served by one clinic: Madras Medical. At the beginning of 2006, the clinic's doctors and nurses decided to ban pharmaceutical reps from visiting their practice. No more free lunches. No more free drug samples. No more gifts. And yet.... "It's made us better doctors." (Via) [more inside]
posted by zarq on Aug 27, 2013 - 40 comments

$4.99 TO UNLOCK COMMENTS ON THIS THREAD

EA is setting it's hopes for the future on Plant's Vs Zombies 2's "freemium" model, hoping they've done it "the PopCap way". Here's how to play it without paying to win.
posted by Artw on Aug 16, 2013 - 100 comments

"Elites preying on the weak, the gullible, the marginal, the poor."

"We condition the poor and the working class to go to war. We promise them honor, status, glory, and adventure. We promise boys they will become men. We hold these promises up against the dead-end jobs of small-town life, the financial dislocations, credit card debt, bad marriages, lack of health insurance, and dread of unemployment. The military is the call of the Sirens, the enticement that has for generations seduced young Americans working in fast food restaurants or behind the counters of Walmarts to fight and die for war profiteers and elites."
-- War is Betrayal. Persistent Myths of Combat, an essay by Chris Hedges of Truthdig. Responses within. [more inside]
posted by zarq on Aug 9, 2013 - 57 comments

The Western Lands

How the Western Was Lost (and Why it Matters)
posted by Artw on Jul 29, 2013 - 226 comments

Confidential:

Don't go to art school. Why it's a bad idea and what you can do with the money instead.
posted by Artw on Jun 26, 2013 - 103 comments

Cocaine's A Hell Of A Drug

Sly Stone's history of drug addiction and eccentricity is well known. But, a recent California Court of Appeals ruling details how a series of ill advised business deals left Stone destitute. [more inside]
posted by reenum on Jun 16, 2013 - 41 comments

How New Yorkers Make It There

New York magazine, via Reddit, compares how much people in New York City get paid to do thier jobs.
posted by The Whelk on Jun 16, 2013 - 86 comments

$100 Invested in 100 $1 Lottery Tickets

The thrill and rush of possibly winning started to wear off after about the twentieth losing ticket. Each card had a couple of “Life” symbols on them, and every time you got a second you just dreamed of seeing the third one under the remaining graphite. However it never appeared and never will and it just kind of turned depressing. How could people put themselves through this humiliation and teasing every day of their lives?
The classic criticism of the lottery is that the people who play are the ones who can least afford to lose; that the lottery is a sink of money, draining wealth from those who most need it. Some lottery advocates . . . have tried to defend lottery-ticket buying as a rational purchase of fantasy—paying a dollar for a day's worth of pleasant anticipation, imagining yourself as a millionaire. But consider exactly what this implies. It would mean that you're occupying your valuable brain with a fantasy whose real probability is nearly zero—a tiny line of likelihood which you, yourself, can do nothing to realize. . . . Which makes the lottery another kind of sink: a sink of emotional energy. [via]

posted by Jasper Friendly Bear on May 18, 2013 - 154 comments

How art launders money always fascinates me

$8mil Basquiat painting disguised as a $100 painting by an unknown artist
posted by Yellow on May 13, 2013 - 26 comments

Prom spending highest among poor northeastern families

Prom spending rising again, average of $1,139 The USA Today story is based on a recent VISA press release about prom spending that comes out every year. The VISA press release breaks down how prom spending is highest among Northeastern families, with Northeasterners averaging $1,528 compared to Midwesterners paltry $722. It also shows a breakdown by income category with families earning less than $50,000 spending an average of $1,245 while those from higher earning families spend $1,129. [more inside]
posted by notmtwain on Apr 29, 2013 - 77 comments

Antennas for all

Aereo is a web service that allows subscribers to watch broadcast TV on their computers or mobile devices. The broadcast networks are furious. Aereo is ready for a PR fight, and is currently winning the legal battle. Variety wonders: Is Aereo Actually a Good Thing? [more inside]
posted by ThePinkSuperhero on Apr 19, 2013 - 41 comments

"I couldn't afford for Carpentersville to become Detroit"

Tom Roeser was unhappy about the decline of his town, Carpentersville, IL. So he decided to do something about it. Roeser bought some foreclosed properties, renovated them, and then rented them out for below market value.
posted by reenum on Apr 2, 2013 - 56 comments

Incommensurable values

Economists and the theory of politics - "why unions were often well worth any deadweight cost" [more inside]
posted by kliuless on Mar 25, 2013 - 27 comments

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

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