Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Kellie Woodhouse’s story yesterday about Wagner College and its plans to shrink strategically should be required reading for people at teaching-intensive institutions in the Northeast, and for the politicians who decide on budget allocations. Much of the Northeast and Midwest suffers from a decline in the number of 18 year olds, and the decline is…
Submitted by Michael Snyder via The End of The American Dream blog, We just got more evidence that the middle class in America is dying. According to brand new numbers that were just released by the Social Security Administration, 51 percent of all workers in the United States make less than $30,000 a year. Let…
Photo by Erin. The D.C. government is hardly the only entity taking advantage of the city’s hot housing market to turn a tidy profit. More than a quarter of all homes sold in 2015 passed hands in less than three years, according to data published by District, Measured. Problems with unscrupulous house flippers (and…
Begin: WordPress Article Content Today, Twitter announced an 8% layoff, and Wall Street is responding to the news. Its stock is up over 5%, signaling that investors also felt that it was time for the social networking company to slim down. Former members of the flock who were affected are starting to share their stories…
Live from (Outside of) New York ComicCon: We Have (Close to the Equivalent of) Replicators: So Why Do We (Still) Have Non Personal-Service Jobs? We grow things–but fewer and fewer of us do. We make things–but fewer and fewer of us do. We provide personal services–non-information and information. What else do we do? It strikes…
The rules that govern cross border profits enable systemic tax avoidance, because they allow profits to be shifted away from where they are generated to another country with a lower (or zero) tax rate – all as a matter of accounting rather than real economic activities. These rules frequently serve the economic interests of the…
With the rise of coding bootcamps, it’s become a popular notion that being able to code is simply a matter of will, not dollars. “Learn how to code and become a developer, it’s easy! Take an eight-week course!” But this couldn’t be further from the truth: Becoming a developer is difficult and often out of…
For “subprime”, read “non-prime”. Yield-hungry investors are ready to endorse a revival of bonds backed by riskier US residential mortgages, as lenders warm to housebuyers who do not meet strict borrowing guidelines introduced after the financial crisis. More ON THIS TOPIC VW car loan securities at risk of losses EU plan to revive ABS faces…
Discussions of income inequality typically focus on how information technology raises the return to skilled labor, or on the rise of global trade, or perhaps on the way that politics skews power toward the rich and well-connected. But there’s another fundamental driver of income inequality: the improved measurement of worker performance. As we get better…
Amazon has made its first serious foray into the so-called “gig economy”, advertising for part-time delivery drivers in Seattle as part of a programme called “Amazon Flex”. The drivers, who will be delivering packages ordered through its same-hour delivery product Amazon Prime Now, will be paid between $18-$25 an hour to work for the company,…