50 Great Articles and Essays about Money and Economics
Interesting articles and essays about money and economics to read online
What Is Money?
A short history of money
Economics
We really don’t know how good we have it
How can we make the global economy work for 7 billion humans? Stop growing it.
The most efficient way to spend money on homeless people might be to give it to them
Our techniques for measuring economic performance are obsolete, obscuring a complete picture of how we're faring
The case for cuts was a lie
If you listen to climate scientists -- and despite the relentless campaign to discredit their work, you should -- it is long past time to do something about emissions of carbon dioxide and other greenhouse gases
The earth is a shared inheritance, and profiting off a common resource is just wrong
A secret question hovers over us, a sense of disappointment, a broken promise we were given as children about what our adult world was supposed to be like...
No one has done more to dispel the myth of social mobility than Raj Chetty. But he has a plan to make equality of opportunity a reality...
The euro countries did not realize that by giving up the right to print their own money they exposed themselves to the risk of default.
The formula for human well-being used to be simple: Make money, get happy. So why is the old axiom suddenly turning on us?
No matter how you chart the trends in earning and spending, everything is up, up, up. But if you made a chart of American happiness since the end of World War II, the lines would be as flat as a marble tabletop
Companies seek to encourage the public's habit of casual or non-essential spending whenever they can
Researchers find that much of the damage done by being poor comes from feeling poor
Markets and Investment
Does the rise of index funds spell catastrophe?
Is private equity out of control?
Carson Block uses covert techniques to uncover fraud for profit. Now he’s under investigation himself. Is he the hero of Wall Street, or the villain?
Let's agree that diamonds are bullshit and reject their role in the marriage process.
The tangle of AI deals among tech giants could be signs of dangerous overinvestment in the developing technology
There is something unstable at the most basic level about any space with too much capitalism happening in it
The disruption is real. It's also predictable
Why it's time to manage for abundance, not scarcity
Forget squeezing millions from a few megahits at the top of the charts. The future of entertainment is in the millions of niche markets at the shallow end of the bitstream
It costs nothing to click, respond and retweet. But what price do we pay in our relationships and our peace of mind?
No human enterprise, no new technology or utility or service, has ever been adopted so widely so quickly...
In the new world of on-demand everything, you’re either pampered, isolated royalty — or you’re a 21st century servant
Crypto
Where it came from, what it all means and why it still matters
The true believers won’t stop until they’ve remade the world. Some of it will be thrilling. Some of it will keep us up at night
A decentralised, anonymous, self-verifying and completely reliable register of this sort is the biggest potential change to the money system since the Medici
Cash
Sweden shows us what life without paper currency might be like
The penny may seem like a harmless coin. But few things symbolize our national dysfunction more than the inability to stop minting this worthless currency
Misc.
The connection between banks and nuclear reactors is not obvious to most bankers
People talk about capitalism as if it were just one thing, but the truth is that we live in a global system of capitalisms...
A collection of the best political reporting and journalism
Super-rich People
In our own democracy, 1 percent of the people take nearly a quarter of the nation's income, an inequality even the wealthy will come to regret
They have fantasies of going to Mars, transhumanism, and superhuman AI. How the heck does someone get this way? And what does it mean for the rest of us?
On the world's most expensive residential building and the new global super-wealthy.
"I feel like boffing some bimbos in the Caribbean. Anybody like to come along?"
When a Chinese billionaire bought one of Britain’s most prestigious golf clubs in 2015, dentists and estate agents were confronted with the unsentimental force of globalised capital
Luxury ships attract outrage and political scrutiny. The ultra-rich are buying them in record numbers.
Rich People
Within Britain’s elite occupations, the advantages of class are still mistaken for talent
14 adults come clean about the down payments, allowances, and tuition payments that make their New York lives feasible.
Confessions of a wedding planner
The wealthy are plotting to leave us behind
Elite schools breed entitlement, entrench inequality—and then pretend to be engines of social change.
When you’re waiting for a flight, what’s the difference between out there and in here?
Poor People
A firsthand account of homelessness in America.
Why millennials are facing the scariest financial future of any generation since the Great Depression.
If Every Day Is a Rainy Day, What Am I Saving For?
Financial help from parents comes in many forms, and it’s the basis of so many success stories. So why do millennials act like it doesn't exist? Jen Doll examines the myth—and tyranny—of the "self-made" success story.
Nearly half of Americans would have trouble finding $400 to pay for an emergency. I’m one of them...
Our efforts to fight poverty are often based on the misconception that poor people must pull themselves up out of the mire. But the relentless struggle to make ends meet has serious effects on the brain.
The poorer you are, the more things cost. More in money, time, hassle, exhaustion, menace.
In defiance of all reason and compassion, the criminalization of poverty has actually been intensifying as the recession generates ever more poverty
Debt
Last August, student loans surpassed credit cards as the nation's single largest source of debt, edging ever closer to $1 trillion
Our cars, no matter how much we cherish them, hold us in social and economic custody
An American family’s struggle for student loan redemption
Students pay more to go to college and graduate school and get less from their buck than ever before. And now you can’t even pay it back!
The Financial Crisis
The era that defined Wall Street is finally, officially over. What went wrong?
"The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money."
How one investor spotted the huge bubble in the subprime-mortgage bond market, in 2004, and created a way to bet against it.
What led a tiny fishing nation, population 300,000, to decide, around 2003, to re-invent itself as a global financial power?
How Greece ran up a $1.2 trillion debt (roughly a quarter-million dollars for each working adult).
The Irish boom, bust and how the country's government and banks conspired to screw its people.
The financial system nearly collapsed because smart guys had started working on Wall Street.
How economics rules our lives
If you don't know what money is, what do you know? Get informed!
Dissecting the financial crisis through the eyes of the people who saw it coming
Injustice in the age of the wealth gap
"A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History."