grahams + economy   16

The Post-Post-Apocalyptic Detroit
Black and white, young and old, billionaires and shop owners — a growing chorus of optimists in Detroit is saying that the time is right to invest.
detroit  cities  urban  economy 
july 2014 by grahams
The Pitchforks Are Coming… For Us Plutocrats
Memo: From Nick HanauerTo: My Fellow ZillionairesYou probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist. I have founded, co-founded and funded more than 30 companies across a range of industries—from itsy-bitsy ones like the night club I started in my 20s to giant ones like, for...
business  economy  money  politics 
june 2014 by grahams
David Simon: 'There are now two Americas. My country is a horror show'
The creator of The Wire, David Simon, delivered an impromptu speech about the divide between rich and poor in America at the Festival of Dangerous Ideas in Sydney, and how capitalism has lost sight of its social compact.
community  economics  economy  davidsimon  america  usa  class 
december 2013 by grahams
9 Out Of 10 Americans Are Completely Wrong About This Mind-Blowing Fact
This pretty much speaks for itself. At 1:05, I get a rude awakening. At 1:41, he starts talking about you. At 2:24, he says a "bad" word. At 3:50, he kind of breaks my brain. At 4:50, he lets you know how broke you really are. At 5:20, he rubs it in. And at 5:50, he points out that reality isn't close to what we think it is.  
economics  economy  video 
march 2013 by grahams
Pallets: The single most important object in the global economy. - Slate Magazine
The pallet, that humble construction of wood joists and planks (or, less typically, plastic or metal ones) upon which most every object in the world, at some time or another, is carried. “Pallets move the world,” says Mark White, an emeritus professor at Virginia Tech and director of the William H. Sardo Jr. Pallet & Container Research Laboratory and the Center for Packaging and Unit Load Design. And, as the above stories illustrate, the world moves pallets, often in mysterious ways.
economy  infrastructure  shipping 
august 2012 by grahams
End Game
Curt Schilling set out to build the greatest video-game company the world had ever seen, and to get rich — Bill Gates rich — doing it. Instead, the whole thing exploded in his face. Drawing on exclusive interviews with the Red Sox legend and his former employees, Jason Schwartz takes us inside the chaos, arrogance, and mistakes that led to the destruction of 38 Studios and the loss of $75 million in taxpayer money.
economy  economics  business  gaming  games  baseball  redsox  schilling  38studios  lol  noob 
july 2012 by grahams
The LIBOR scandal: The rotten heart of finance | The Economist
THE most memorable incidents in earth-changing events are sometimes the most banal. In the rapidly spreading scandal of LIBOR (the London inter-bank offered rate) it is the very everydayness with which bank traders set about manipulating the most important figure in finance. They joked, or offered small favours. “Coffees will be coming your way,” promised one trader in exchange for a fiddled number. “Dude. I owe you big time!… I’m opening a bottle of Bollinger,” wrote another. One trader posted diary notes to himself so that he wouldn’t forget to fiddle the numbers the next week. “Ask for High 6M Fix,” he entered in his calendar, as he might have put “Buy milk”.
finance  economy  bullshit  shenanigans  from instapaper
july 2012 by grahams
Why I Am Leaving Goldman Sachs -
TODAY is my last day at Goldman Sachs. After almost 12 years at the firm — first as a summer intern while at Stanford, then in New York for 10 years, and now in London — I believe I have worked here long enough to understand the trajectory of its culture, its people and its identity. And I can honestly say that the environment now is as toxic and destructive as I have ever seen it.
finance  money  quitting  resigning  economy  goldmansachs 
march 2012 by grahams
The End is Near Inc. - Boston Magazine
Chris Martenson quit corporate America to craft an unusual life of financial readiness — in case the economy really implodes — and now thousands of Internet followers are buying the message. Literally.
eschatology  panic  paranoia  finance  economy 
november 2011 by grahams
Why Isn't Wall Street in Jail? []
Meanwhile, in a demonstration of the government’s priorities, the Justice Department is proceeding full force with a prosecution of retired baseball player Roger Clemens for lying to Congress about getting a shot of steroids in his ass. “At least Roger didn’t screw over the world,” Budde says, shaking his head.<b/lockquote>
Finance  rollingstone  economy  banks  fraud  from instapaper
february 2011 by grahams
Downsized Girl Scout Cookies In Just Six Flavors, Say What? -
To cut costs and increase revenue, a dozen Girl Scouts councils are testing out a plan to hawk just six different cookies.
food  cookies  scouts  economy  bullshit 
january 2011 by grahams
Recession or no recession, many NFL, NBA and Major League - 03.23.09 - SI Vault
Recession or no recession, many NFL, NBA and Major League Baseball players have a penchant for losing most or all of their money. It doesn't matter how much they make. And the ways they blow it are strikingly similar
money  sports  economy  financial  mlb 
april 2009 by grahams
INFRASTRUCTURIST - Duke’s Place: Michael Dukakis on How to Fix America
Curious about the Duke’s thoughts on the stimulus bill and the larger project of rebuilding America’s infrastructure, we reached him recently at UCLA, where he’s teaching this semester. He talks about why the U.S. can’t build big things anymore, what he thinks about when he’s stuck in L.A. traffic, and what America would be like if he’d been elected back in ‘88.
transit  travel  driving  trains  infrastructure  usa  government  economy  dukakis  massachusetts  boston 
february 2009 by grahams
Momus - Post-bubble is a way of life
But what might a big crash mean to the rest of us? Might it even be rather good news? I think the answer to that depends on the answer to the question "How big?" The kind of crash people call a "correction" would mean very little to me, personally. [...]
momus  music  politics  financial  economy  economics  stockmarket 
march 2007 by grahams

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