The origins and the politics of the New York-based Freelancers Union—now 150,000 members strong: “The shift toward short-term contracts was underway long before the 2008 financial crash. Charles Heckscher, director of the Center for Workplace Transformation at Rutgers University, sits on the board of the Freelancers Union, and likes to describe this shift in terms […]
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The Book of Jobs
The parallels between the story of the origin of the Great Depression and that of our Long Slump are strong. Back then we were moving from agriculture to manufacturing. Today we are moving from manufacturing to a service economy. The decline in manufacturing jobs has been dramatic—from about a third of the workforce 60 years […]
Little House in the Present
So the Great Depression runs through Little House in the Big Woods like a big three-hearted river. Perhaps most striking, however, is that the book’s central theme is made most conspicuous not through the events and details described in its pages but by the things that aren’t there. There’s no Depression in the Big Woods. […]
How Brooklyn Got Its Groove Back
If you’ve been in Park Slope recently, you can probably guess how things turned out for the Lehane house. But you may not know why. How did the Brooklyn of the Lehanes and crack houses turn into what it is today—home to celebrities like Maggie Gyllenhaal and Adrian Grenier, to Michelin-starred chefs, and to more […]
Some Thoughts on Our Business (1991 Memo to Disney Execs)
As we begin the new year, I strongly believe we are entering a period of great danger and even greater uncertainty. Events are unfolding within and without the movie industry that are extremely threatening to our studio. Some of you might be surprised to read these words. After all, wasn’t Disney number one in 1990? […]
When Did the GOP Lose Touch With Reality?
[Not single-page.] Some call this the closing of the conservative mind. Alas, the conservative mind has proved itself only too open, these past years, to all manner of intellectual pollen. Call it instead the drying up of conservative creativity. It’s clearly true that the country faces daunting economic troubles. It’s also true that the wrong […]
Obama’s Flunking Economy: The Real Cause
Indeed, the greatest confidence man of the last few years, at least going by Suskind’s definition, was not Larry Summers or Timothy Geithner, but Barack Obama. Being a confidence man is almost in the job description of the insurgent presidential candidate. Having not been president before, you must, by definition, ask the American people for […]
California and Bust
The smart money says the U.S. economy will splinter, with some states thriving, some states not, and all eyes are on California as the nightmare scenario. After a hair-raising visit with former governor Arnold Schwarzenegger, who explains why the Golden State has cratered, Michael Lewis goes where the buck literally stops—the local level, where the […]
9/11: The Winners
The September 11, 2001 attacks have been a symbol of many things and many causes, but like the lavish, flag-draped rebuilding of the site, it has also been a vehicle for enrichment. From corporations to politicians to government officials to nonprofits to the security industry to publishers to the health industry (not to mention the […]
The Non-Scenic Route to the Place We’re Going Anyway
Instead of the surge of rebounding growth which historically accompanies successful exit from a recession, we have the UK’s disappointing 0.2 per cent growth, the US’s anaemic 0.3 per cent and the glum eurozone average figure of 0.2 per cent. That number includes the surprising and alarming German 0.1 per cent, the desperately poor French […]
