In late October 2007, as the financial markets were starting to come unglued, a Goldman Sachs trader, Jonathan M. Egol, received very good news. At 37, he was named a managing director at the firm. Mr. Egol, a Princeton graduate, had risen to prominence inside the bank by creating mortgage-related securities, named Abacus, that were […]
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To Have Is to Owe: A History of Debt
To Have Is to Owe: A History of Debt Never has the governing class allowed anyone to question the sacred principle that we all must pay our debts. That principle has recently been exposed to be a flagrant lie. As it turns out, we all don’t have to pay our debts. Only some of us […]
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No Objections: What History Tells Us About Gay Marriage
No Objections: What History Tells Us About Gay Marriage Although gender parity between spouses would have been unthinkable at the founding of the United States, marriage laws have moved over time in this direction. In Anglo-American common law, marriage was based on the legal fiction that the married couple was a single entity, with the […]
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Longreads Best of 2012: Maria Bustillos
Maria Bustillos is a Los Angeles-based writer whose work for The Awl and Los Angeles Review of Books was featured on Longreads this year. In the essay “Freedom Is Overrated,” the theologian and scholar Sancrucensis contrasts the humanism of Jonathan Franzen with that of David Foster Wallace. A transcendentally beautiful and heartbreaking meditation on self and other. […]
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Longreads Best of 2012: Isaac Fitzgerald
Isaac Fitzgerald is managing editor of The Rumpus, co-founder of Pen & Ink, and uses Twitter. Disclaimer: I know many of the people on this list. One of the wonderful things / occupational hazards of working for a site like The Rumpus is that I’ve come to meet a lot of great writers. These stories stand on their own regardless. […]
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How to Fail in Business While Really, Really Trying: The True Story of J.C. Penney
Jennifer Reingold | Fortune | March 2014 | 29 minutes (7,108 words) Download as a .mobi ebook (Kindle) Download as an .epub ebook (iBooks) When you find a savior, you don’t quibble over details. So it was that J.C. Penney, the long-stagnating mid-tier department store chain, announced in June 2011 that it was hiring Ron […]
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To Have Is to Owe: A History of Debt
To Have Is to Owe: A History of Debt Never has the governing class allowed anyone to question the sacred principle that we all must pay our debts. That principle has recently been exposed to be a flagrant lie. As it turns out, we all don’t have to pay our debts. Only some of us […]
Posted inUncategorized
No Objections: What History Tells Us About Gay Marriage
No Objections: What History Tells Us About Gay Marriage Although gender parity between spouses would have been unthinkable at the founding of the United States, marriage laws have moved over time in this direction. In Anglo-American common law, marriage was based on the legal fiction that the married couple was a single entity, with the […]
Posted inUncategorized
Graeber’s arguments place him squarely at odds with mainstream economic thought, and the discipline has, for the most part, ignored him. But his timing couldn’t be better to reach a popular audience. His writing provides an intellectual frame and a sort of genealogy for the movement he helped start. The inchoate anger of the Occupy […]
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More people now recognized the Winklevosses as either themselves or a recently cloned Armie Hammer, and Felipe assumed the proprietary grandeur of a Victorian circus impresario before some engagingly deformed beast. “These are the ones who came up with the idea for the Facebook, but had it stolen from them,” he explained to one and […]
