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.
If there are two things Americans are good at, it’s mishandling our finances, and using Twitter to judge those who are in worse shape than us. Thus we have the perfect Atlantic cover story this week—a refreshingly honest and desparingly relatable personal essay by writer Neal Gabler about his many financial mistakes, as well as […]
America’s best investment ever, in the whole history of our country, was to invest in the public high school and secondary school at the beginning of the 20th century. It dramatically raised the growth rate of America because it was a huge investment in human capital. The best economic analyses now say that investment in the […]
During the 90s there was something of an arms race to see who could write the biggest deal. That is, the deal with the most money being spent on the band’s behalf. In a singularly painless contest the money would either be paid to the band as a royalty, which would take that money out […]
Laurie Woolever, in The Billfold, on how she ended up becoming Anthony Bourdain’s assistant: With my dad’s help, I took out a loan and did a 6-month professional course at the French Culinary Institute, while continuing to work part-time for the family for a few months. I soon learned that I was poorly equipped to […]
As poetry readings go, the setting was unique. The Al Raha Beach Theatre in Abu Dhabi boasted light-up floors, backdrop projections and a light show of a kind that would be familiar to fans of Pop Idol, X Factor or America’s Got Talent. Since February, global audiences of up to 70 million have tuned in […]
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 […]
“In America, the economic fortunes of ordinary people like those in Ramsey’s audience are stagnating, while the fruits of increased productivity and profits are accruing to the wealthiest among us, including Ramsey himself, at an accelerating rate. But Ramsey seems to think that concern over inequality just comes down to bitterness. ‘This idea that it […]