The savings rate for Americans under 35 is negative 1.8 percent
This stat is not ideal. Continue Reading
Economics
Your name can keep you on top of society for 28 generations
Thomas Piketty got a lot of attention, both good and bad, for his latest book. If you’ve never read it (admittedly, I have not either), the central idea is that, in capitalist economies, wealth will naturally concentrate in the hands of a… Continue Reading
The 2008 recession was great for the status quo
I was talking to a guy from Waggl yesterday, because I may do some additional writing for them. We had an interesting conversation that touched on a few different bases, and one of the things we talked about was this notion… Continue Reading
Abilify explains America in a nutshell
This probably won’t be a very long post, but I still think it’s somewhat interesting/relevant. First off, I’m somewhat depressed a good deal of the time, although I don’t take any drugs for it. (I have been to therapy off… Continue Reading
Just fucking legalize marijuana already, OK?
Let’s start with a basic fact: I’ve smoked pot. A lot of people that meet me probably assume I still smoke pot, which isn’t accurate (I mean, there are weddings here and there where things happen, but let’s not get too… Continue Reading
The Martini Report on affluent consumers will make you gauge your fucking eyes out
Here’s a rundown of The Martini Report on Slate; the article originally appeared on Inc, though. The headline might as well be: “Rich People … They’re Just Like Us!”
Housing Crisis V2 is coming
2008 was a rough housing crisis, for sure. The general belief these days is that we’re out of it and things are better — Home Depot seems to explain/believe that as well — but in fact, we may not be,… Continue Reading
In big U.S. cities, the middle class is dead
Probably no entity in American life has been scrutinized more than the middle class — they rise, they’re left for dead, they rise again, they die again, etc. It’s almost comical sometimes. But in reality, especially after the 2008 downturn,… Continue Reading