Best Articles & Videos about Money on the web

Money

Read the best money articles from around the internet, or watch the most insightful videos about money from platforms like Youtube, Vimeo or leading publishers like The New York Times, The Atlantic, LA Times, Bloomberg, New Yorker, Wall Street Journal and many more.
The Boss Who Put Everyone On 70k

The Boss Who Put Everyone On 70k

Business

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.

How The Wealthy Hide Billions Using Tax Havens

How The Wealthy Hide Billions Using Tax Havens

Business, Videos

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?

Why Prices Differ Around the World

Why Prices Differ Around the World

Economics, Explainers, Videos, World

If you have ever traveled somewhere, especially to countries that are either a good deal richer or poorer than your own, you might have noticed that some places are certainly a lot more expensive than others. There seems to be a strong correlation between the average wealth of a country and the cost of goods and services.

The Super-Rich Are Being Scammed On Their Private Jets

The Super-Rich Are Being Scammed On Their Private Jets

Business, Crime

Five grand for mystery sushi. Seven for plastic cups. And more fuel than the plane could possibly hold. Such are the deceptions stinging the billionaires and mere millionaires of today’s private jet-set class. In an era of ultra-wealth, reports of shady billing related to private-jet travel are on the rise.

Art Forgery Is Easier Than Ever, And It’s A Great Way To Launder Money

Art Forgery Is Easier Than Ever, And It’s A Great Way To Launder Money

Art, Crime, Long Reads

More and more rich people are buying art and stashing it in strange places. According to infamous scammers, it’s not even close to legit. In some respects, it mirrors the giant pools of money sloshing around in Manhattan or London real estate—funds that are relatively concentrated in a few hands spending it in a few places.

Life At The End Of American Empire

Life At The End Of American Empire

Economics, Politics

The 2008 crisis and the government’s response made obvious the extent of economic and political inequality in the United States, and the absolute decline in wealth and well-being for a growing fraction of Americans. Evidence of decline is manifest to those of us living in America in the first decades of the 21st century.

Give Me Capitalism Or Give Me Death

Give Me Capitalism Or Give Me Death

Economics, Politics

Politicians are floating the idea that the economy supersedes the needs of living, breathing human beings; cruise and airline companies are demanding bailouts and full control over the terms; senators are doing crimes in broad daylight; and billionaire corporatists who did the same are asking regular people for money.

Bashir Sultani

Inspiration
Bashir Sultani
The Spider’s Web: Britain’s Second Empire

The Spider’s Web: Britain’s Second Empire

Business, Videos

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.

Iceland’s Big Bitcoin Heist

Iceland’s Big Bitcoin Heist

Business, Crime, Long Reads, Tech

With its cheap geothermal energy and low crime rate, Iceland has become the world’s leading miner of digital currency. Then the crypto-crooks showed up. The thieves weren’t robbing banks. They were stealing the presses that print digital money.

What Do We Call Boomers Who Are Just As Screwed As Millennials?

What Do We Call Boomers Who Are Just As Screwed As Millennials?

Economics

The rise of hustle culture is often attributed to millennials, but when it comes to grinding in the gig economy these days, Boomers are leading the way. According to Uber, 25 percent of its millions of workers are over 50, with more drivers over 50 than under 30. Meanwhile, Boomer homeowners are the fastest growing demographic for Airbnb.

Are Rich People Heartless?

Are Rich People Heartless?

Life, Psychology, Videos

According to Chris Ryan, the author of ‘Civilized to Death: the price of progress’, rich people have the tendency to distance themselves from people because of their wealth differential.

Nikolay Schegolev

Inspiration
Nikolay Schegolev
The Behavioral Economics Diet: The Science of Killing a Bad Habit

The Behavioral Economics Diet: The Science of Killing a Bad Habit

Food, Health

Diets don’t work. Studies show that temporary fixes to old habits actually make people gain weight. Essentially, the dieter’s brain is trained to gorge when off the diet and inevitably the weight returns. Putting some skin in the game makes people more likely to accomplish their goal of stopping a bad habit.

Millennials Don’t Stand A Chance

Millennials Don’t Stand A Chance

Economics, Life

Millennials entered the workforce during the worst downturn since the Great Depression. They are now entering their peak earning years in the midst of an economic cataclysm more severe than the Great Recession. They will be the first generation in modern American history to end up poorer than their parents.

What Does A Cashless Future Mean?

What Does A Cashless Future Mean?

Economics, Politics, Videos

Operating in cash costs countries about 0.5% of their GDP every year. But cost isn’t the only incentive to move towards a cashless future. Many countries are going cashless at great speed. What are the advantages of ditching hard cash and what are the dangers?

Credit Card Companies Are Tracking Shoppers Like Never Before

Credit Card Companies Are Tracking Shoppers Like Never Before

Business, Tech

Transactions have given rise to a complex data-selling ecosystem. At the heart of it are credit card processing networks, including Visa, American Express, and Mastercard, the latter of which took in $4.1 billion in 2019 for services that include marketing analytics as well as fraud detection.

How Much Is A Human Life Actually Worth?

How Much Is A Human Life Actually Worth?

Health, Life, Long Reads

As a society we have historically been willing to incur costs to save lives. Government forces carmakers to reduce air pollution to help people with asthma, and the price of cars goes up. Laws prevent factories from polluting to save fisheries, and goods cost more. But that kind of tradeoff clearly has limits.

The Invention Of Money

The Invention Of Money

Business, Economics, History, Long Reads

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.

Michael Crichton

Inspiration
Michael Crichton
America Is About To Witness The Biggest Labor Movement It’s Seen In Decades

America Is About To Witness The Biggest Labor Movement It’s Seen In Decades

Business, Economics

The past four decades have been perhaps labor’s weakest since the Industrial Age. For a half-century, those working for hourly wages have won almost no real gains. The real average hourly wage in 2018 dollars adjusted for inflation was $22.65 in 2018, compared with $20.27 in 1964 — just an 11.7% gain.

Need A Happiness Boost? Spend Your Money To Buy Time, Not More Stuff

Need A Happiness Boost? Spend Your Money To Buy Time, Not More Stuff

Life

A recent study published in the Proceedings of the National Academy of Sciences suggests that when people spend money on time-saving services such as a house cleaner, lawn care or grocery delivery, it can make them feel a little happier. By comparison, money spent on material purchases — aka things — does not boost positive emotions the way we might expect.

How To Budget When You’re Broke

How To Budget When You’re Broke

Explainers, Life

First, take an assessment of your income and expenses. This will help you develop a reasonable and realistic budget. Break down your expenses over the past few months. Categorize and separate them into needs and wants. Separating will help you prioritize your finances.

How Global Trade Runs On U.S. Dollars

How Global Trade Runs On U.S. Dollars

Business, Videos

Nearly 90% of international transactions in 2019 were in U.S. dollars, giving the U.S. extraordinary power over nearly every entity that imports or exports anything anywhere. Here’s how the global economy runs on the U.S. dollar — and why some countries are trying to chip away at its dominance.

The Complexities Of A Universal Basic Income

The Complexities Of A Universal Basic Income

Economics, Politics

“Universal basic income” was for a long time an obscure term bandied about in economics circles. That’s no longer the case. The idea, usually involving a monthly cash grant to every person with no strings attached, has entered mainstream discourse. Small programs hint at how it might work — or not — on a national scale.

How Africa Can Get Rich

How Africa Can Get Rich

Economics, Videos, World

Africa is changing so fast, it is becoming hard to ignore. In the short term, the continent faces many problems, but in the long term, it could rival China’s economic might. By the end of this century, Africa is set to play a much bigger role in world affairs. The Asian growth miracle is likely to slow Africa’s rapid rise could be next.

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