Thirty years ago, the world lost a great literary mind—the Argentine writer and poet Jorge Luis Borges. Today, Elizabeth Hyde Stevens revisits the financial conditions that produced this life of pure literature, finding unexpected hope in the darkest period of Borges’ forgotten past.
One challenge for Andreessen is whether venture itself has a skills problem. If software is truly eating the world, wouldn’t venture capital be on the menu? The AngelList platform now allows investors to fund startups online. Its co-founder Naval Ravikant said that “future companies will require more two-hundred-thousand-dollar checks and way fewer guys on Sand […]
Mugabe’s men were setting up command centers for torture and killing in areas that voted for the opposition, the man told McGee, and regional party leaders like him were told to draw up lists of people to target. The ambassador learned that Mugabe’s government had landed critical funding, totaling $100 million, only days after the […]
When administrators, parents, and professors discuss money in the context of higher ed, they mean student loans and tuition. But when students talk money, it’s much more about who’s got it and who doesn’t. For students of modest means at America’s elite colleges, money acts as a barrier to extracurricular or social activities, or even […]
One great problem with financial journalism, especially in the decades leading up to the crash, has been that it’s often written in an argot understandable only to the already highly financially literate. Andrew Ross Sorkin doesn’t usually employ such specialized language. This has led to the mistaken belief that he’s explaining the industry to regular […]
“The financial services sector as a whole accounts for more than 20 percent of US GDP, and this share has grown by around 10 percentage points since the 1970s. Additional expansion has taken place in the business services sector, encompassing law and accounting firms and other outgrowths of a financialized economy. Overall, it seems reasonable […]
‘They don’t teach us about money in high school.’ Today’s video pick is Modern Comedian’s short documentary on comedian Sara Schaefer, who fell deep into debt even while she was pursuing her dream career and earning two Emmys as a writer for Jimmy Fallon. (Schaefer now co-hosts the MTV series Nikki & Sara LIVE, which […]