The Complexities Of A Universal Basic Income
“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.
Use A ‘Fake’ Location To Get Cheaper Plane Tickets
I can’t explain airline pricing but I do know some plane tickets can be cheaper depending on where you buy them or, even better, where you appear to buy them from. This is all about leveraging foreign currencies and points-of-sale to your advantage.
Hagia Sophia: Church Of Divine Wisdom And Subject Of Global Dispute
Hagia Sophia has been the ‘apple of discord’ between the Greeks and the Turks, the ‘east’ and the ‘west’ for 567 years, but as history likes to repeat itself we are now witnessing a revival of this old dispute. A museum has been converted to a mosque.
Who Owns Antartica?
Ever since Roald Amundsen planted his flag on the South Pole, the issue of Antarctica’s ownership has been a thorny one. But in 1959, a pioneering deal was reached to preserve and help save the environment. This is the story and impact of the Antarctic Treaty and the pressures the continent still faces.
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.
The British Once Built A 1,100-Mile Hedge Through The Middle Of India
There was nothing charming about what the British built. It wasn’t meant to protect anything except imperial revenue. It grew along the Inland Customs Line, a bureaucratic barrier that the British created to impose a high salt tax on the people living on one side of the line—the relatively saltless one.
Why Socialism Failed in Africa
Considering capitalism to be equal to colonialism, Africa’s founding fathers rejected it and adopted marxist-socialism in the 1960s. Foreign companies were nationalised, state-owned enterprises were created and all sorts of controls on rents, prices, imports and foreign exchange.
The Madness Of Airline Élite Status
When you fly a lot for work, as I do, you check your frequent-flier mile balance often, to provide data for competitive commiseration. Frequent fliers sometimes go to great lengths to keep their airline élite status, and those efforts are often completely out of proportion to the perks.
What Was Libya Like 25 Years Ago?
Gaddafi’s 25 Years in Power (1994): A historic report filmed as Libya celebrated 25 years of Gaddafi’s rule. This short documentary challenges the West’s view of Libya and looks at Gaddafi’s struggles both at home and abroad.
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.
Why The Coming Foreclosure Crisis Will Look Nothing Like The Last One
A prominent housing analyst expects hundreds of thousands of defaults next year as mortgage forbearance periods end. At first glance, those projections look bad. On closer inspection, however, this round of foreclosures should be mild in comparison to the financial carnage of 2008 to 2010.
The Radical Possibilities Of Not Paying Your Student Loans
For the millions of former students struggling to make their monthly payments, debt was sold to us as the cost of a better life. A growing movement poses the question: We have the numbers, so what if we just stopped?
How America Ends
The United States is undergoing a transition perhaps no rich and stable democracy has ever experienced: Its historically dominant group is on its way to becoming a political minority—and its minority groups are asserting their co-equal rights and interests.
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.
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.
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.
How Utah Keeps The American Dream Alive
Economic mobility to rival Denmark’s, but without big government. Can the rest of the U.S. emulate Utah’s success? We could offer more, and better, help to people who need it. Why not look for more promising scripts than the ones played out across the U.S. today?
If You Feed Them, Will They Vote?
Billionaire presidential candidate Mike Bloomberg is enticing voters with unprecedented amounts of free food and booze — and not the cheap stuff, either. Is the way to a voter’s heart through their stomach?
The Great Vape Debate: Are E-cigarettes Saving Smokers Or Creating New Addicts?
Behind the outright ban on sales of e-cigarettes in San Francisco is a panic about teenagers vaping. More than one in four American teens have tried vaping. In the UK, meanwhile, the medical establishment is endorsing vaping as an aid to giving up smoking. Where does the truth lie?
Why We Shouldn’t Bail Out The Airlines And Cruise Companies
Despite the obvious vulnerability of the sector, boards/CEOs of the six largest airlines have spent 96% of their free cash flow on share buybacks, bolstering the share price and compensation of management… who now want a bailout. They should be allowed to fail.
“This Plane Is Not Going to Land in Cairo”: Saudi Prince Sultan Boarded A Flight in Paris. Then, He Disappeared
Prince Sultan bin Turki II was cut off from the Saudi royal family’s cash flow after criticizing the regime. So he appealed to Prince Mohammed bin Salman for help—and was never seen again.