How The Wealthy Hide Billions Using Tax Havens
Every year, about 70 billion dollars that the US could be using for infrastructure, law enforcement, healthcare or education is missing. It’s hidden deep within shell companies and anonymous entities in places like the British Virgin Islands. What exactly is a shell company and how does it work?
Short Film: Ikhwène (Brotherhood) by Meryam Joobeur
One of the most acclaimed shorts of the year, and a frontrunner for Oscar. Mohamed is a shepherd in rural Tunisia with his wife and two young sons. Their world is shaken when their oldest son returns after a long journey with a mysterious woman he says is his wife.
The Myth Of The Ethical Shopper
What has happened in those sweatshops since they became a cultural fixation three decades ago? All sources led to the same conclusion: Boycotts have failed. Our clothes are being made in ways that advocacy campaigns can’t affect and in places they can’t reach. So how are we going to stop sweatshops now?
How Under Armour Lost Its Edge
Once heralded as the next Nike, the sportswear giant has been hurt by slumping sales and unflattering revelations about its corporate culture. It is grasping for a hold in the fiercely competitive sports apparel market even as it undergoes the biggest management shift in its history.
Ari Emanuel, WME, And The Great Hollywood IPO That Wasn’t
The entertainment industry’s reigning super-agent planned to put his firm—and the very power structure of Hollywood—on the line with an audacious, now scuttled public offering. With that future on hold and the likes of Netflix and Disney commanding more ground by the day, what’s an ambitious modern macher to do?
How Vladimir Putin Spends His Billions
Because of the shadowy nature of Russian economics, some even believe that Vladimir Putin is the wealthiest man on the planet, with a net worth in excess of 200 billion dollars. But most headlines focus on his high-profile international disputes and subterfuge. How does he spend his billions?
The World’s Tallest Water Slide Was a Terrible, Tragic Idea
At nearly 169 feet tall, Verrückt was taller than Niagara Falls. Riders flew down the world’s tallest water slide at 70 miles per hour, challenging the laws of physics. Then, on August 7, 2016, 10-year-old Caleb Schwab was decapitated on the ride. What went wrong to cause such a horrific tragedy?
The Ingenious System Bringing Water To The Chinese Desert
The Karez is a modern-day engineering marvel and a prime example of a native people working with, not against, the forces of nature to deliver their needs – in this case, water. Today, this system nourishes an area called Grape Valley, once an oasis for weary travelers along the Silk Road.
Why China Is Building The World’s Biggest City
China plans to integrate all the cities in the Pearl River Delta (Hong Kong, Macau, Guangzhou) into one Greater Bay Area – a megacity 58% bigger than the entire Tokyo Metropolitan Area. It hopes to rival both Silicon Valley and Wall Street – at the same time, with an economy already the size of South Korea or Russia.
How NASA Are Going Back To The Moon
While Apollo placed the first steps on the Moon, Artemis opens the door for humanity to sustainably work and live on another world for the first time. Using the lunar surface as a proving ground for living on Mars, this next chapter in exploration will forever establish our presence in the stars.
Life Under The Algorithm
Increase your output, get paid more. Wages go up with productivity. Until, it turns out, they don’t anymore. The unwinding of this agreement in recent decades, such that workers must continue to produce more without expecting it to show up in their pay stubs, has now been the subject of a good deal of discussion and debate.
How The Doomed Masa Son-Adam Neumann Relationship Set WeWork On The Road To Disaster
For Japanese billionaire Masayoshi Son, Neumann was the prodigal son he never had, with a wild-eyed vision to rival Son’s own. The inside story of how it all went wrong.
The Quick And Ubiquitous Economics Of Bodegas
Whether you’re cruising in for a six-pack, or you live in the big city and depend on your corner store for, well, just about everything, they’ve usually got you covered. But how do they survive selling nothing but inexpensive merchandise?
The Decoy Effect: How You Are Influenced To Choose Without Really Knowing It
The decoy effect is defined as the phenomenon whereby consumers change their preference between two options when presented with a third option – the “decoy” – that is “asymmetrically dominated”. It is also referred to as the “attraction effect” or “asymmetric dominance effect”.
The Way We Work Is Killing Us
In the United States, workers work among the longest, most extreme, and most irregular hours; have no guarantee to paid sick days, paid vacation, or paid family leave; and pay more for health insurance, yet are sicker and more stressed out than workers in other advanced economies.
Why Elon Musk And Jack Dorsey Have Big Plans For Africa
Jack Dorsey, founder of Twitter and Square, Inc, raised some eyebrows in Silicon Valley when he announced he was moving to Africa in 2020. Africa is poised to take off as the next big tech market, and both America and China have taken notice.
“Whiteout”, Single Take Thriller Short Film by Lance Edmands
Whiteout from writer/director Lance Edmands is a tense, well-crafted single-take short film. When a young couple encounters a strange old man wandering in a snowstorm, they must decide if he needs help, or if he has more sinister intentions.
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.
“Full Moon”, Night Skiing Without Artificial Light
Night skiing without artificial light: Closing lift stations and the setting sun mark the end of the action for most skiers. Not for Max Kroneck and Jochen Mesle. While ski towns fall asleep they head into the mountains and see them awaking in a new light. The snow starts glistening again.
How Slack Ruined Work
Slack is a particularly “scary offender” in stopping people getting their work done because it encourages them to be constantly distracted. It’s scary because messenger-based systems directly tap into how humans seek to reward themselves, and the long term result is unhealthy.