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brendanmcfadden : economy   46

Detroit: From Motor City to Housing Incubator - The New York Times
The 2008 financial crisis and 2013 city bankruptcy gutted Detroit’s housing market. Now, Detroit is experimenting with unorthodox ways to get people to buy homes and renovate houses.
detroit  michigan  nytimes  housing  houses  economy  urbanpolicy 
november 2017 by brendanmcfadden
Plugging Into the Gig Economy, From Home With a Headset - The New York Times
A company called Liveops has become the Uber of call centers by doting on its agents. But is the work liberating, or dehumanizing?
callcenter  gigeconomy  liveops  nytimes  jobs  labor  economy 
november 2017 by brendanmcfadden
In Northern Minnesota, Two Economies Square Off: Mining vs. Wilderness - The New York Times
Proposed mines near the Boundary Waters have become the latest front in the fight over who gets to profit from America’s natural resources.
nytimes  nytimesmag  conservation  ecology  enivornment  minnesota  water  naturalresources  industry  economy 
november 2017 by brendanmcfadden
Life Inside the RVs of Silicon Valley - Topic
In Silicon Valley, one of the wealthiest regions in the United States, some people have been forced out of permanent housing and into their RVs. This past summer, we met ten of the area’s mobile residents.
siliconvalley  paloalto  poverty  economy  housing  gentrification 
november 2017 by brendanmcfadden
Can a Giant Science Fair Transform Kazakhstan’s Economy? - The New York Times
With Expo 2017, the former Soviet Republic is trying to wean itself from oil and create a new global financial hub.
Kazakhstan  economy  science  expo2017  nytimes 
october 2017 by brendanmcfadden
Becoming a Steelworker Liberated Her. Then Her Job Moved to Mexico. - The New York Times
The man from Mexico followed a manager through the factory floor, past whirring exhaust fans, beeping forklifts, and drilling machines that whined against steel. Workers in safety glasses looked up and stared. Others looked away. Shannon Mulcahy felt her stomach lurch.
steelworking  rexnordcorporation  jobs  work  economy  mexico  indiana  indianapolis  nytimes 
october 2017 by brendanmcfadden
The College Try — The California Sunday Magazine
Liz Waite and Kersheral Jessup couldn’t afford a higher education, let alone rent. But they worked and scrounged and slept on couches to put themselves through school. Will their degrees be worth it?
thecaliforniasundaymagazine  education  highereducation  college  economy  debt  studentloans 
october 2017 by brendanmcfadden
A Look Inside Airbus’s Epic Assembly Line - The New York Times
A confluence of political and economic forces has prompted Europe’s largest airplane manufacturer to place a factory in Alabama — and to create one
of the world’s most gargantuan supply chains.
nytimes  nytimesmag  manufacturing  airbus  alabama  economy  factory  factories 
september 2017 by brendanmcfadden
Israel’s Invisible Filipino Work Force - The New York Times
To support their families back home, women from the Philippines have found work and a new way of life in Israel. But at what price?
nytimes  nytimesmag  israel  caregivers  filipinos  phillippines  economy  economics 
september 2017 by brendanmcfadden
How Homeownership Became the Engine of American Inequality - The New York Times
An enormous entitlement in the tax code props up home prices — and overwhelmingly benefits the wealthy and the upper middle class.
economy  economics  inequality  nytimes  nytimesmag  housing 
september 2017 by brendanmcfadden
Are Index Funds Bad for the Economy? - The Atlantic
A growing chorus of experts argue that they’re strangling the economy—and must be stopped.
research  economics  finance  indexfunds  theatlantic  economy  investing 
august 2017 by brendanmcfadden
The Conservative Case for Unions - The Atlantic
How a new kind of labor organization could address the grievances underlying populist anger
jonathanrauch  unions  labor  workingclass  theatlantic  jobs  economy 
august 2017 by brendanmcfadden
MLMs like Avon and LuLaRoe are sending people into debt and psychological crisis — Quartz
“I was urged to stop paying my bills to invest in more inventory. I was urged to get rid of television. I was urged to pawn my vehicle. I just had to get on anxiety meds over all of it because I’ve started having panic attacks.”
quartz  marketing  economics  economy  scams 
august 2017 by brendanmcfadden
How Noncompete Clauses Keep Workers Locked In - The New York Times
Restrictions once limited to executives are now spreading across the labor landscape — making it tougher for Americans to get a raise.
noncompeteclauses  economics  economy  jobs  employment  labor 
june 2017 by brendanmcfadden
James Fallows Journeys Across America
Most people in the U.S. believe their country is going to hell. But they’re wrong. What a three-year journey by single-engine plane reveals about reinvention and renewal.
jamesfallows  theatlantic  culture  politics  economy 
february 2016 by brendanmcfadden
The Melting Away of North Atlantic Social Democracy
French economist Thomas Piketty, of the Paris School of Economics, looked at the major democracies with North Atlantic coastlines over the past couple of centuries. He saw five striking facts: First, ownership of private wealth—with its power to command resources, dictate where and how people would work, and shape politics—was always highly concentrated. Second, 150 years—six generations—ago, the ratio of a country’s total private wealth to its total annual income was about six. Third, 50 years—two generations—ago, that capital-income ratio was about three. Fourth, over the past two generations that capital-income ratio has been rising rapidly. Fifth, the flow of income to the owner of the dollar capital did not rise when capital was relatively scarce, but plodded along at a typical net rate of profit of about 5% per year generation after generation. He wondered what these facts predicted for the shape of the major North Atlantic economies in the 21st century.
talkingpointsmemo  thomaspiketty  economics  wealth  economy 
february 2016 by brendanmcfadden
J. Crew Flounders in Fashion’s Shifting Tides
Losses are swelling, and executives are warning that things are not expected to improve anytime soon.
jcrew  fashion  economy  nytimes 
june 2015 by brendanmcfadden
The Greatest Tax Story Ever Told
How U.S. companies learned to relocate their official addresses overseas and avoid taxes—in one operetta.
bloomberg  bloombergbusiness  taxes  corporations  economy  pulitzer  zacharymider 
april 2015 by brendanmcfadden
The Mansion: A Subprime Parable
On the urge to live in a house you can't afford, the "acceptable lust" of American life.
MichaelLewis  portfolio  subprime  housing  economy 
july 2014 by brendanmcfadden
Who Gets to Graduate?
Rich students complete their college degrees; working-class students usually don’t. How one school is trying to intervene.
nytimesmag  nytimes  college  highereducation  wealth  economy 
july 2014 by brendanmcfadden
The Post-Post-Apocalyptic Detroit
Black and white, young and old, billionaires and shop owners — a growing chorus of optimists in Detroit is saying that the time is right to invest.
detroit  economy  nytimesmag  nytimes  city 
july 2014 by brendanmcfadden
This Land
The dateline is Elyria, Ohio, a city of 55,000 about 30 miles southwest of Cleveland. You know this town, even if you have never been here. A place buffeted by time and the economy, a place where the expectations have been lowered, but not hopes for better days to come. A place where politicians, in this election year, say the American dream is still possible.
politics  economy  ohio  elyria  nytimes 
october 2012 by brendanmcfadden
Greetings From Williston, North Dakota
In recession-strapped America, Williston, North Dakota, may be some kind of paradise: a town where oil jobs are plentiful, lap dances are cheap, and desperate - possibly meth-addicted - men can change their luck. On the loose in the new Wild West.
thewest  economy  recession  oil  northdakota  mensjournal 
july 2012 by brendanmcfadden

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