October 19, 2018

Money

The dizzying run-up in crypto prices in 2017 was followed, this year, by a long, lurching retreat that, as the summer gave way to fall, began to seem perilous.

It’s time to figure out what caused the stock market’s 800-point plunge.

Sears was Amazon in a time before Amazon. Now they’ve declared bankruptcy.

“The number of IPOs is declining, and that could mean that small investors are getting shut out of the most lucrative deals.”

Think your theory about the market plunge is the right one? Get in line.

Stock market crashes are hard to forecast – can we do a better job predicting them?

“…the economic impact of the tech industry in the Bay Area has been making the rich richer and the poor poorer.”

“Let’s hope the Fed is practical and not enslaved to a defunct Phillips curve that could lead the U.S. into recession.”

Why are millennials low on both happiness and savings? Hint: It’s not avocado toasts.

“Yes, the tax man can pursue the hundreds of millions in taxes the Trumps allegedly dodged.”

A new WSJ documentary details the newspaper’s foray into the cryptocurrency market.

Freelancers have more freedom and flexibility than employees. But a freelancer’s freedom comes with unique burdens.

Want to fix income inequality? Instead of raising the minimum wage, create a maximum wage.

Is a growth-oriented economy incompatible with sustainable development?

Companies are rebranding with intentionally vague-sounding names. “Dunkin’ Donuts,” which will now be simply called “Dunkin’,” is just one of them.

Ten years after 2008 we’ve seen an onslaught of articles memorializing the financial crisis. Is it possible that journalists are trying to cash in on nostalgia for a disaster?

As cryptocurrencies change the role money plays in our lives, the time has come to evaluate what money really is, and what we want it to be.

The tax cuts signed into law by President Donald Trump will add to the national debt. But they did succeed in one area: making rich people even richer.

“Wall Street's profit-generating machine created a jumble of products (MBS, ABS, CDO...) designed to profit off of the relatively mundane business of mortgage lending… These products are staging a comeback.”

Millennials are less prosperous than their parents, but they might be better with money. The financial crisis was a setback, but it was also a formative experience and a lesson is risk management.

Why did the government decide to bail out big banks and not homeowners in 2008? The failure to bail out the American public has led to a crisis of trust when it comes to financial institutions.

New census data reveals that poverty in America is declining, but it might not be a reason to celebrate. Depending on how you define poverty, it may not even be true.

Elizabeth Warren wants to make corporations accountable to stakeholders, not just shareholders. This means putting employees on corporate boards, but here’s how her legislation could backfire for workers.

California has the highest poverty rate in the nation. California also has the highest home prices in the nation. This is no coincidence. Here’s how California’s housing market is impoverishing the state.

The student debt crisis is but one part of a larger culture of debt in the United States. When your entire life revolves around struggling to make monthly payments, how do you get yourself out of the debt trap?

Tel Aviv’s tech industry is in the midst of a transformation from “Start-Up City” to “Scale-Up City.” Here’s a look at the most influential companies operating out of Tel Aviv right now.

JJ Best Of The Web

In Jamal Khashoggi's final column for the Washington Post, the late columnist makes an impassioned plea for freedom of expression in the Arab world. "Arab governments have been given free rein to continue silencing the media at an increasing rate."

"The country—consciously or unconsciously—has gotten used to Donald Trump. Twenty-one months into his administration, Mr. Trump has been processed, or half-processed—even subtly domesticated—by the large, complicated American mind..."

The old Israel is represented in this case by the main casualty of the new train: the historic Jerusalem-Tel Aviv line, which has been running on and off since 1892 and isn’t likely to run much longer.

"The Conners is the Roseanne revival we should save had. Instead of making hay of culture war flashpoints, the spinoff stays focused on the family’s bleakly circumscribed reality."

The dizzying run-up in crypto prices in 2017 was followed, this year, by a long, lurching retreat that, as the summer gave way to fall, began to seem perilous.

"Recently my son visited a Holocaust Museum where a program called New Dimensions in Testimony provided a hologram of an Auschwitz survivor. The unreal man would answer any question the children asked about the horrors of history. "

"As a queer Black Clevelander, the podcast's new season investigating criminal justice in Cleveland clarifies a lifetime of racist interactions with police."

"On Tuesday, Stephen Hawking's final, posthumous book 'Brief Answers to the Big Questions' was released, detailing final thoughts the physicist had on the biggest questions humankind faces. In the book, Hawking wrote 'there is no God.'"

"Young people are among the loneliest of all Americans. Schools that teach kids how to deal with feelings of isolation could help put a dent in the epidemic."

"The framework of a “Cheat Day” and reification of these foods being “improper” is, frankly, rotten at its core. These foods are a “cheat” because the consequences of guiltlessly and regularly eating them—which is to say, the appearance of fatness."

"A mere half a degree could spell the difference between the Arctic being ice-free once a decade and once a century; between coral reefs being almost entirely wiped out and up to 30 percent hanging on..."

Some Jewish thinkers are eager to reconcile science and religion by reconciling the Torah with the scientific theories. But science and religion are different fields of knowledge and address different concerns.