Is The Second Farm Crisis Upon Us?
Farmers across the country are in a state of emergency with dairy and grain producers, new farmers, and farmers of color being hit the hardest. The term farm crisis is synonymous with the 1980s, when the bottom dropped out of the agricultural economy, sending thousands of farms into foreclosure and shuttering businesses.
Inside The Members-Only Eating Clubs Of San Sebastián
Step into the private kitchens of Basque country’s sociedades gastronómicas, where everything revolves around food. From the three-star restaurants to the napkins-on-the-floor pintxo joints, these culinary clubs, which have been around for about 150 years, still harbor some of the most interesting kitchens of all.
Diabetes: The Rice You Eat Is Worse Than Sugary Drinks
The health authorities in Singapore have identified one of their top concerns as they wage war on diabetes: white rice. It is even more potent than sweet soda drinks in causing the disease.
How A Single Mom Created A Plastic Food-Storage Empire
The story of Tupperware is a story of innovation and reinvention: how a new kind of plastic, made from industrial waste material, ended up a symbol of female empowerment. The product ushered women into the workforce, encouraging them to make their own money, better their families, and win accolades and prizes.
The Failure Of The Forever 21 Empire
If Forever 21 survives, it will be with fewer stores, fewer employees, and more manageable ambitions. But that more modest future likely depends on the Changs giving up control. If they don’t, Forever 21 may not have much of a future at all.
The Economics Of Cruise Ships
For decades, cruise companies have gone to great lengths to bypass US employment laws, hiring foreign workers for less than $2/hour. They’ve sheltered themselves as foreign entities while simultaneously benefitting from US taxpayer-funded agencies and resources.
The Invention Of Money
When the Venetian merchant Marco Polo got to China, he saw many wonders. One of the things that astonished him most, however, was a new invention, implemented by Kublai Khan, a grandson of the great conqueror Genghis. It was paper money, introduced by Kublai in 1260.
Letting Slower Passengers Board Airplane First Really Is Faster, Study Finds
Commercial airlines often prioritize boarding for passengers traveling with small children, or for those who need extra assistance, before starting to board the faster passengers. It’s counter-intuitive, but it turns out that letting slower passengers board first actually results in a more efficient process.
‘Chronicle Is Dead And Google Killed It’
In early 2018, Google’s parent conglomerate Alphabet announced the birth of a new “independent” startup that was supposed to revolutionize cybersecurity. Chronicle, Google’s moonshot cybersecurity startup that was supposed to completely change the industry, is imploding.
China Aims To Launch The World’s First Official Digital Currency
Dozens of central banks have started looking at whether to issue digital currencies. But only a few have run trials and none has gone as far as China, which appears set to become the first country to put a central-bank digital currency (cbdc) into limited use.
The Spider’s Web: Britain’s Second Empire
Michael Oswald’s film The Spider’s Web reveals how at the demise of empire, City of London financial interests created a web of secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British jurisdictions.
What Does It Really Cost To Run A Restaurant?
Restaurants have notoriously slim margins. Irene Li, the chef and owner of Chinese-American restaurant Mei Mei in Boston, reveals just how slim they really are.
The Radical Plan To Save The Planet By Working Less
The degrowth movement wants to intentionally shrink the economy to address climate change, and create lives with less stuff, less work, and better well-being. This new accounting of economic success would focus on access to public services, a shorter work week, and an increase in leisure time. But is it a utopian fantasy?
Will Upzoning Neighborhoods Make Homes More Affordable?
Housing affordability is a growing issue in America, and there’s a battle over how to fix it happening on blocks across the country. Zoning—the rules that govern how cities use their land—is on the front line. Cities and states across the country are proposing new upzoning laws to combat the housing crisis. Will they work?
How One Company You’ve Never Heard Of Swallowed Tens Of Thousands Of Text Messages — Then Spit Them Back Out
People woke up to strange text messages from friends and loved ones. The messages had actually been sent months earlier, on Valentine’s Day, but had been frozen in place by a glitched server and were only shot out when the system was finally fixed nine months later.
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.
The Future Of Airliners?
One that could shake up the duopoly of Boeing and Airbus to force competition and new designs? Take a look at the D8, nicknamed the Double Bubble, developed by Aurura, MIT and with the help of NASA.
It’s No Crime To Drink Wine By Yourself
From the moment we start to learn about wine, we are taught that drinking responsibly is a social activity. Wine is for sharing, for drinking with friends or family over a meal. But self-imposed isolation does not require you to forgo good food or good wine, despite the social stigma.
The Productivity Paradox
Higher productivity means the expectation of rising wages and abundant job opportunities. In a time of Facebook, smartphones, self-driving cars, and computers that can beat a person at just about any board game, how can the key economic measure of technological progress be so pathetic?
How Boeing Crashed: The Inside Story Of The 737 Max
Boeing used to represent the gold standard in aircraft safety, but critics say it has lost its way in the pursuit of profit. We tell the story of two fatal crashes involving the 737 Max 8 jet: the Ethiopian Airlines crash last March that killed 157 people and the Lion Air disaster in October 2018 that killed all 189 on board.
My Summer Internship At Google Turned Me Off Silicon Valley Forever
Silicon Valley has much to offer the world. Life-altering technological innovations have been emerging from this region for years. But it’s not the place for me, a young queer Black woman who wants to do much more than work on ad software.