Charity: How Effective Is Giving?
Philanthropists are putting record sums into tackling the world’s most pressing problems. And unlike the mega-donors of the past today’s philanthropists want to see the results in their lifetimes. But how altruistic is this new golden age of giving? Have these mega-donors become too powerful?
The Boss Who Put Everyone On 70k
In 2015, the boss of a card payments company in Seattle introduced a $70,000 minimum salary for all of his 120 staff – and personally took a pay cut of $1m. Five years later he’s still on the minimum salary, and says the gamble has paid off.
What It Really Costs To Own Or Charter A Private Jet
One of the ultimate symbols of luxury and affluence is private jet travel. An experienced bizjet pilot breaks down the industry, the costs, who can really justify such an expensive luxury, and why.
What Really Happens When You Donate Your Clothes—And Why It’s Bad
Contrary to popular (naive) belief, less than 20 percent of clothing donations sent to charities are actually resold at those charities. The other 80 percent is sent to textile recyclers who then determine the next cycle of the garment’s life.
How Governments Shut Down The Internet
Governments around the world are shutting down the internet, saying it’s needed to prevent protests or cheating on exams. But critics say blocking expression and access to information violates human rights. Here’s how internet shutdowns work.
How Rwanda Is Becoming The Singapore Of Africa
Rwanda is now the 15th fastest growing economy in the world as its government has set out a clearly defined mission—they want to become the Singapore of Africa. To understand what this means, though, you have to understand what Singapore is.
This Is What It’s Like Inside North Korea’s Luxury Ski Resort
Get a glimpse of what life is like in North Korea, a country rarely seen by foreigners. Britain’s fastest snowboarder Jamie Barrow is our guide around the DPRK’s capital city Pyongyang before he heads up to the slopes of Masikryong.
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.
Why Caviar Is So Expensive
Caviar is one of the most expensive foods in the world. Selling for up to $35,000 per kilo, it’s revered and relished by aristocrats across the globe. But it’s an acquired taste. Turns out, caviar wasn’t always so valuable.
The Million-Dollar Hacker
Tommy DeVoss used to break into websites illicitly. But after serving time for his crimes, he now uses his skills to earn an honest living. Through arrangements known as bug bounty programs, companies pay him to find security holes in their systems. He’s now earned more than $1 million in this emerging profession.
The Future Of Energy Storage Beyond Lithium-Ion
Over the past decade, prices for solar panels and wind farms have reached all-time lows. However, the price for lithium-ion batteries, the leading energy storage technology, has remained too high. So researchers are exploring other alternatives, including flow batteries, thermal batteries, and gravity-based systems.
Setting A Maximum Wage For CEOs Would Be Good For Everyone
A limit would help to slow the growth of economic inequality and prevent reckless risk-taking by CEOs who otherwise might feel motivated to try to drive up the stock price of their company and therefore their bonus.
Goldman Sachs, Patagonia, And The Mysteries Of “Business Casual”
The importance of the Patagonia vest is that it is both an evolution of the business-casual costume and a reversion to the waistcoat of the ancient three-piece suit. “Business casual” is less a style of dress than an enigmatic language of power.
Medieval Spanish Ghost Town Becomes Self-Sufficient Ecovillage
It’s a utopian fantasy, discover a ghost town and rebuild it in line with your ideals, but in Spain where there are nearly 3000 abandoned villages, some big dreamers have spent the past 3 decades doing just that. One of the first towns to be rediscovered was a tiny hamlet in the mountains of northern Navarra.
The Four-Letter Code To Selling Just About Anything
As the father of industrial design, Raymond Loewy had an uncanny sense of how to make things fashionable. He believed that consumers are torn between two opposing forces: neophilia, a curiosity about new things; and neophobia, a fear of anything too new.
Why Are Hardcover Books Published Before Paperbacks?
Despite their popularity, it’s still impossible to find paperback versions of many new books when they debut. It’s a common practice among publishers to release new titles as hardcovers and publish the paperback edition about a year after the initial print run.
Why Is Vermeer’s “Girl With The Pearl Earring” Considered A Masterpiece?
Is she turning towards you or away from you? No one can agree. She’s the subject of Dutch Master Johannes Vermeer’s “Girl with the Pearl Earring,” a painting often referred to as the ‘Mona Lisa of the North.’ But what makes this painting so captivating?
The Eternal Revenue Stream Of Led Zeppelin
In the rapid-fire age of digital everything, with young listeners eager for discovery, the ground has shifted beneath record companies’ feet and catalog departments are being called upon to be hubs of innovation and fresh creativity.
The Contrepreneur Formula Exposed
People are getting rich selling crap online courses because you believe there is some kind of secret formula to create passive income. In this video, Mike Winnet explains the science behind the CONtrepreneur formula. He spent 6 months buying their courses and attending their events so you don’t have to.
The Rise And Fall Of Delia’s, The Catalog That Ruled America
For a few years around the millennium, Delia’s and its direct-to-consumer catalogs were the hottest brand in the country. It was a glimpse of things to come. At its peak, 55 million copies were sent out to girls across the country every year.
Apps Have Changed The Way We Date
The online dating industry is projected to be worth $9 billion by 2025 and according to eHarmony, most people will find a partner via an app or website by 2035. Tinder is one of the most popular swiping apps with more than 5 million subscribers and it’s launched a whole new language of love.