For families without options, that cheap motel may be their last resort
How the Mosley Motel, off U.S. 19 in Florida, became the temporary home to at least 27 families turned away from full shelters.
How the Mosley Motel, off U.S. 19 in Florida, became the temporary home to at least 27 families turned away from full shelters.
Leonora LaPeter Anton The St. Petersburg Times Nov 2011 10min Permalink
A pub’s-eye view of Ireland’s recent run of leaders.
Gabriel O'Malley n+1 Nov 2011 20min Permalink
Best Article Reprints Business
A breakdown of the early 80s homeless epidemic.
Jonathan Alter Newsweek Jan 1980 15min Permalink
The absurd scale of McDonald’s’ economics suggests a company more like a commodity trader than a chain of restaurants.
At this volume, and with the impermanence of the sandwich, it only makes sense for McDonald’s to treat the sandwich as a sort of arbitrage strategy: at both ends of the product pipeline, you have a good being traded at such large volume that we might as well forget that one end of the pipeline is hogs and corn and the other end is a sandwich. McDonald’s likely doesn’t think in these terms, and neither should you.
Willy Staley The Awl Nov 2011 10min Permalink
On a pair of Israeli psychologists who between 1971 and 1984 “published a series of quirky papers exploring the ways human judgment may be distorted when we are making decisions in conditions of uncertainty.”
Michael Lewis Vanity Fair Dec 2011 Permalink
The world’s fastest growing economy isn’t China; it’s the “unheralded alternative economic universe of System D” aka the $10 trillion global black market.
Robert Neuwirth Foreign Policy Oct 2011 10min Permalink
How Warren Buffett’s public image has aided his success.
As a successful investor, he merely moved markets; but as the charismatic, reassuring, quotable prototype of the honest capitalist (a sort of J. P. Morgan with a moral sense), he's capable of influencing elections, galvanizing rock-concert-size crowds, and in general defining how we Americans feel about the system that underlies our wealth.
Walter Kirn The Atlantic Nov 2004 25min Permalink
His complete financial disaster tourism series for Vanity Fair, to date.
Michael Lewis Vanity Fair Nov 2011 3h45min Permalink
On the current state of the global economy and the inevitable decline of the U.K. and the U.S.:
A decade-long slowdown would accelerate this shift in global wealth and power and would be a grim thing to live through, but from a world-historical perspective it might not be a game-changer: it might just be the non-scenic route to the place we’re going anyway.
John Lanchester London Review of Books Sep 2011 10min Permalink
On Bitcoin, the world’s first “decentralized digital currency.”
The Economist Jun 2011 10min Permalink
What it means to be an entrepreneur in Argentina, where economic crashes are a way of life.
Max Chafkin Inc. May 2011 20min Permalink
A field trip to the video gamey world of the modern trader.
James Somers The Atlantic May 2011 10min Permalink
How slot machines snuck into the mall, along with money laundering, bribery, shootouts, and billions in profits.
Felix Gillette Businessweek Apr 2011 Permalink
At times, Mr. Hsieh comes across as an alien who has studied human beings in order to live among them.
A profile of the Zappos CEO.
Motoko Rich New York Times Apr 2011 10min Permalink
Immigrant farmers are flocking to the poultry industry – only to become 21st-century sharecroppers for companies like Tyson.
Monica Potts The American Prospect Mar 2011 15min Permalink
In the late ’80s, Lewis went to Japan to research a hypothetical: what would the economic fallout be if a major quake hit?
Michael Lewis Manhattan Inc. Jun 1989 30min Permalink
On who will bear the burden of the financial crisis facing cities across America. “Will it be articulated in terms of bond defaults or larger kindergarten classes—or no kindergarten classes at all?”
A profile of Jack Dorsey, co-founder (and displaced CEO) of Twitter. Dorsey’s latest venture, a mobile credit card system called Square that only officially launched in February 2011, already processes more than a million transactions per day.
David Kirkpatrick Vanity Fair Apr 2011 Permalink
Relative to the total national income, American corporations are making more money than they have since 1947. The connection behind soaring profits and stagnant unemployment.
Harold Meyerson The American Prospect Mar 2011 15min Permalink
A primer on income inequality in America.
Tyler Cowen The American Interest Feb 2011 Permalink
A newly minted, 34-year-old White House budget director gets a little too candid with a reporter profiling him during Ronald Reagan’s first year in office. Among Stockman’s many admissions: “None of us really understands what’s going on with all these numbers.”
William Greider The Atlantic Dec 1981 50min Permalink
On the group of friends who came to rule the bizarre, decreasingly lucrative world of Internet porn.
Benjamin Wallace New York Jan 2011 20min Permalink
How a nation went bankrupt. “Ireland’s regress is especially unsettling because of the questions it raises about Ireland’s former progress: even now no one is quite sure why the Irish suddenly did so well for themselves in the first place.”
Michael Lewis Vanity Fair Mar 2011 Permalink
Obama’s presidency may well be defined by whether or not he can curb unemployment. Step One: find a decent idea.
Peter Baker New York Times Magazine Jan 2011 Permalink
How the dream of the Euro became a nightmare.
Paul Krugman New York Times Magazine Jan 2011 25min Permalink