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Collective pay-setting

How the team sets its own salaries at OCF (part 1) - This is part one, detailing the model we came up with and transparently sharing our staff's pay—part two is about the process we used and resources...

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Eggflation is just price gouging.

Cal-Maine's stock is up 47% from a year ago. Cory Doctorow describes the origins of Eggflation. giving control over our production to a single company doesn't just deprive us of the choice to take our...

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"breaking ground in the field of longevity"

How to Be 18 Years Old Again for Only $2 Million a Year Middle-aged tech centimillionaire Bryan Johnson and his team of 30 doctors say they have a plan to reboot his body. Johnson, 45, is an...

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Low-income people need '15-minute cities' the most

"Those who think "15-minute cities" are for wealthy urbanites should consider this graph from a recent nationwide study. It shows a powerful reverse correlation between household income and use of...

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Well, that's rich. Or is it?

What does it mean to be rich in America, where the elite need to re-earn their position anew each day and experience the demands of wealth without its promised sense of security and ease? How is it...

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Nice social media account, shame if something were to happen to it...

Man, Social Media Platforms Really Want Us To Start Paying, Huh?"Twitter launched the $8-a-month Twitter Blue. Meta is launching a similar $12-a-month Meta Verified. YouTube already offers the...

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Meet the Money Monsters

The Consumer Financial Protection Bureau (CFPB) has an extensive set of resources for teaching financial literacy to K-12 students . For the youngest kids, they have a series of books featuring the...

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Silicon Valley Bank collapses after 40 years

Silicon Valley Bank was closed today by the state of California and taken over by the FDIC in receivership to secure deposits. This is the largest bank collapse since 2008 and the second-largest...

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Hustle AI

I gave GPT-4 a budget of $100 and told it to make as much money as possible.

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Here's What Retirement With Less Than $1 Million Looks Like in America

The stock market downturn wiped away 20% of her nest egg, which is now worth about $240,000.To save on gas, she and Mr. Le Blanc drive to the grocery store only on days when they pick up their mail...

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'Resist! Defy! Don't comply!'

Some 200 years after textile workers smashed newfangled looms here during the first stirrings of the industrial revolution, other rebels are worried about a newer technology: tap-and-go bank cards and...

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Fednow service has launched

FedNow is finally live in the US - TechCrunch

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The Memory Bank*

A Hidden Currency of Incalculable Worth [ungated] - "We need to start thinking about policies aimed at freeing up time for impoverished families as a form of aid. We could begin by defining a healthy...

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Americans Are Still Spending Like There's No Tomorrow

Concerts, trips and designer handbags are taking priority over saving for a home or rainy day (ghostarchive.org)

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Zombie Apocalypse

The hidden culprit behind America's boarded-up storefronts

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The whole thing is a complete disaster

Among seasteading enthusiasts, the excitement about the crypto ship was intense. A slew of promotional videos and a marketing website promised it would be for "everyone from digital nomads to YouTube...

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Free Money

What if the money you accumulated in life died with you? What if actuaries determined the amount of money people need to live a comfortable life, and earnings were capped there? What would a world look...

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"Is this a place full of buffoons?"

"Lance is one smart motherfucker," says Kim Cruz, my Lyft driver, of Lance Gilman, the mastermind behind the industrial park. With his trademark Stetson and salesman smile, Gilman has been the...

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Someone Who Is Good At The Economy Please Help Me

Articles asking us to feel sympathy for families barely scraping by on healthy six-figure incomes may be staples of the financial press, but it's rare that they come packaged as real-world case studies...

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If you like it, don't put a ring on it.

For older women with money, it's yes to love but 'I don't' to marriage. Money is, of course, only one of many considerations. But for many, the answer is clear: Date, fall in love, even live together....

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A financial-advice columnist falls for an elaborate scam

The Day I Put $50,000 in a Shoe Box and Handed It to a StrangerThe man on the phone knew my home address, my Social Security number, the names of my family members, and that my 2-year-old son was...

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sure that the truest thing you know is what is getting your attention

daniel schmactenberger on the metacrisis. [slyt]"why is it that no literally no country, no company, in the world wants climate change. no nobody is like climate change is the world that I want, but...

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The unluckiest generation

Here's why Americans under 40 are so disillusioned with capitalism Millennials have had such a tumultuous start in the workforce, they have been nicknamed the "unluckiest generation." They are...

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