economics

  • The Exploited Laborers of the Liberal Media

    Progressive media outlets talk a lot about economic inequality and diversity, but many of them are still relying on unpaid interns while their top editors and star journalists make six figures a year.

  • Faisal Islam Has Spent Five Years Watching Europe Collapse

    His book, The Default Line: The Inside Story of People, Banks, and Entire Nations on the Edge, documents the 2008 financial crisis and the aftershocks that are still being felt from Greece to the UK.

  • The Trickle-Down Economics of Nicaragua’s Drug Trade

    When the Bluefields and the rest of Nicaragua's Caribbean Coast was a hub for cocaine traffic, violence went up and most of the profits went to unscrupulous kingpins—but the extra money was also a boon to many poor residents.

  • Money Is Making Us Dead Inside

    Money can be a sneaky thing. Without making too much of a song and dance about it, markets and market thinking have entered spheres of life where they never were before and where, when you think about it, they never really belonged. Michael Sandel is a...

  • Riding the Bitcoin Bubble in Panama

    I flew from San Francisco to Panama City with less than $200 in my bank account. But I didn't worry about my lack of funds, because I had a stockpile of bitcoins that could support the high life down south.

  • This Is How Bitcoin Could Die

    While the bitcoin platform is theoretically sound—the decentralized blockchain makes it nearly impossible to counterfeit—vulnerabilities do exist at a few key junctures. Continuing Motherboard's bitcoin guide, here's some crucial ways the whole thing...

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