Can $500 A Month Change Your Life?
A California-based experiment in universal basic income considers the mundane, and potentially transformative, power of a little extra cash. It’s not a new idea, dating as far back as Tudor England. Thinkers ranging from Martin Luther King Jr. to Milton Friedman have backed it.
Flat 13: Facing Down Apartheid
This is the story of the apartment in downtown Johannesburg that, between the late 1940s and early 1960s, became a hub of resistance against apartheid.
The Great American Tax Haven: Why The Super-Rich Love South Dakota
Last year billionaire Sun Hongbin quietly transferred $4.5bn worth of shares in his Chinese real estate firm to a company on a street corner in Sioux Falls, South Dakota. Thanks to its relish for deregulation, the state is fast becoming the most profitable place for the mega-wealthy to park their billions.
The Ticking Time Bomb In America’s Downtowns
The sad state of office buildings could cause something called the “doom loop.” $1.5 trillion in commercial real estate debt, is owed to banks, pension funds, and insurance companies before the end of 2025, and secured by properties that may not be worth what they were five or 10 years ago when those loans got made.
In San Francisco, Tech Money Doesn’t Buy Happiness
In the midst of a housing crisis, an injection of cash into the superheated real-estate market seems likely to cause an uptick in evictions and displacement.
The Day We Discovered Our Parents Were Russian Spies
For years Donald Heathfield, Tracey Foley and their two children lived the American dream. Then an FBI raid revealed the truth: they were agents of Putin’s Russia. Their real names were Andrei Bezrukov and Elena Vavilova. Their sons tell their story.
Minimum Wage: A Life Full Of Difficult Choices
Despite Ontario’s recent minimum wage increase, workers are still struggling to make ends meet. Even for those who have full-time jobs, earning minimum wage means they have to make a lot of difficult choices.
The Quickest Way To Fix Presidential Elections
Abolishing the Electoral College and creating a national popular vote are far-fetched ideas for now. But there’s a more targeted way to reform American elections by 2020—starting with the swing states.
The Great Wall Street Housing Grab
Wall Street’s latest real estate grab has ballooned to roughly $60 billion, representing hundreds of thousands of properties. In some communities, it has fundamentally altered housing ecosystems in ways we’re only now beginning to understand, fueling a housing recovery without a homeowner recovery.
Donald Trump’s Worst Deal
The President helped build a hotel in Azerbaijan that appears to be a corrupt operation engineered by oligarchs tied to Iran’s Revolutionary Guard. The Trump Tower Baku never opened.
The Secret Rules Of The Internet
Many US-based companies continue to consign their moderators to the margins, shipping their platforms’ digital waste to “special economic zones” in the Global South. The murky history of moderation, and how it’s shaping the future of free speech.
Saudi Arabia: What Happens When The Oil Stops
Mohammed bin Salman is about to find out what happens when the world does not need his oil. In the past, the standard response to that hypothesis was condescending looks. Not any more. The prospect of Saudi becoming a debtor nation is real.
The Pandemic Will Reduce Inequality—Or Make It Worse
A recession is no picnic. A financial crisis leaves wounds that last for decades. A pandemic, though, can sow a unique kind of chaos. The rich got even richer after the Great Recession, but the Great Depression changed the social order.
Why China Is Building Islands In The South China Sea
China is building islands in the South China Sea and its causing disputes among the other nations in the region; Malaysia, the Philippines, Brunei, Vietnam, and Indonesia. To truly understand the international conflicts and trends shaping our world you need a big-picture view.
Was The Millennium Dome Really So Bad? The Inside Story Of A (Not So) Total Disaster
Twenty years later, it is still a byword for New Labour hubris, squandered resources and hideously bungled planning. In fact, it was a byword for all of these things before it even opened. It is clear that the prevailing narrative that the Dome was a total failure is not – or at least not quite – the full story.
Blood And Soil In Narendra Modi’s India
The Prime Minister’s Hindu-nationalist government has cast two hundred million Muslims as internal enemies. The lack of journalistic scrutiny has given Modi immense freedom to control the narrative. Nowhere was this more apparent than in the months leading up to his reëlection.
The Threat To Freedom Of Expression In Japan
The closure of part of the 2019 Aichi Triennale reflects a broader climate of aggression, censorship and nationalist revisionism. Art is the frontline in debates around free speech precisely because it creates space for questioning values and challenging historical assumptions in public.
The Price Of Dominionist Theology
Because my father believed that debt was sinful, and believed God wanted him and my mom to have as many kids as possible, they were too broke to help me pay for college. Because of this anti-debt theology, I wasn’t allowed to take out student loans, and had to attend a really conservative Christian college because it was so cheap.
People Are Confused About The Usefulness Of Buying Fancy Things
Why luxury goods don’t impress, but repel. One story that’s true: Acquiring something luxurious can temporarily increase one’s self-esteem. One story that’s not: Acquiring something luxurious can impress potential friends.
Other Countries Have Elected Women Leaders for Decades. Why Can’t America?
In American politics, a woman’s gender acts as both an invisible adherent and a tight constraint: it’s harder to shake off mistakes, harder to pivot, harder to throw punches and harder to avoid them. Sexism is transparent, easy to look through if you don’t want to see it, which makes it possible to pretend it isn’t there at all.
The Rise And Fall Of Facts
Because fact-checking these days is primarily the domain of legacy print publications, it retains that sheen of legitimacy and seriousness. To fact check is to assure readers, writers, and editors that great care is being taken.