Tag: economics
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Venezuela TL;DR
“Oil represents 95% of exports and current low oil prices have plunged the country into crisis: they do not have the cash to keep running.”
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The 1950s and The American Dream
“That’s basically like watching Friends and assuming that everyone in the 1990s lived like Ross, Chandler, and Rachel .”
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The Problem With the Laffer Curve
Taxes aren’t only about raising revenue.
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Simple Explanation of the 2008 Financial Collapse
“The financial crisis wasn’t just ‘a bubble bursting.'”
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The Economics of Med School Debt
“Think about writing a check for $5000, every month, for 12 years.”
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Personal Integrity as Mental Illness
“Acts of personal integrity are seen as suspicious veiled acts of self-interest at best, and signs of mental illness at worst.”
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Pushing Crumbs Around in The Sharing Economy
“They want us focused on pushing our crumbs around our plate that we don’t notice who the hell has most of the pie to begin with.”
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Building Rice Paddies in New York City
“Most North American schoolkids have likely never seen a living rice plant.”
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How Hollywood is Screwing Visual Effects Professionals
The forces of globalization (and greed) bankrupt Hollywood’s visual effects studios.
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The Difference Between Frugal and Hoarding
“I don’t think frugality is about not spending, it’s about not wasting.”