Tag Archives: Money

“Our ideas about egalitarianism make even the beneficiaries of inequality uncomfortable with it”

Our ideas about egalitarianism make even the beneficiaries of inequality uncomfortable with it. And it is hard to know what they, as individuals, can do to change things. In response to these tensions, silence allows for a kind of “see no evil, hear no evil” stance. By not mentioning money, my interviewees follow a seemingly […]

“The sputtering global economy is one shock away from slipping into recession”

The sputtering global economy is one shock away from slipping into recession. In the postwar period, every previous global recession started with a downturn in the United States, but the next one is likely to begin with a shock in China. Through heavy stimulus, China was the largest contributor to global growth this decade, but […]

“A better idea is to remove Andrew Jackson from the $20 bill and replace him with a distinguished woman from American history”

Treasury is proposing to put a woman’s portrait alongside Hamilton’s on the $10 bill, which is due for a redesign for anti-counterfeiting purposes. Jacob Lew, the Treasury secretary, is looking for a woman who “was a champion for our inclusive democracy” and the department will be taking suggestions on a website for the redesign. It […]

“Pressed to an extreme, inequities, both visible and symbolic, become a source of social outrage even if they are no worse than older inequities”

Pressed to an extreme, inequities, both visible and symbolic, become a source of social outrage even if they are no worse than older inequities. Paintings matter to us as visual symbols of order and balance, of creative energy and innovation, so can we be surprised that seeing works of art withdrawn to the top of […]

“…how could one sector possibly take market share away from another sector if it isn’t really allowed to market?”

…we tell the for-profit sector, “Spend, spend, spend on advertising until the last dollar no longer produces a penny of value.” But we don’t like to see our donations spent on advertising in charity. Our attitude is, “Well, look, if you can get the advertising donated, you know, at four o’clock in the morning, I’m […]

Women bring a different perspective to investing

Money has long been a traditionally male domain, sure, but historically so were medicine and law. No one really considered that gender differences might require different approaches to finance until a 2009 study of 12,000 women…found that 78 percent of women criticized financial services in general for what women perceived as condescending treatment and cookie-cutter […]