September 23, 2018

Money

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

China's massive and rapid investments in Africa have been criticized by some as a form of economic colonialism. Others are just wondering why the West is missing out on the opportunity.

"For two years, Americans have tried to absorb the details of the 2016 attack — hacked emails, social media fraud, suspected spies — and President Trump’s claims that it’s all a hoax. The Times explores what we know and what it means."

Twenty-five years after Oslo, Israeli-Palestinian peace remains elusive. A mix of Leftist idealism and PLO rejectionism are to blame for taking the "process" out of the Peace Process.

"In recounting the life of alleged Mossad agent Ashraf Marwan, Ariel Vromen's disappointing film leaves the most interesting parts of the story off screen."

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.

"As Seen On TV" gadgets like the "sock slider" or a banana peeler are often mocked for being useless wastes of plastic. But for some individuals with disabilities, these gadgets make all the difference.

If SJWs often resemble religious fundamentalists, bell hooks is their highest prophet. Her work on gender and intersectionality have redefined American campuses, and her ideas are being put into action with religious fervor.

"It strikes me that we’re now suffering collectively from a “tyranny of the virtual,” since we find ourselves unable to look away from the screens that mediate not just print but, increasingly, reality itself."

Parents see it all the time. Young girls, confident and full of joy, become timid and shy around their tween and early teen years. A new book explores the sociological explanations for the loss in confidence.

How did a Chinese citrus fruit become the central symbol of one of Judaism's most important holidays? According to a new book by Rabbi David Moster, the Etrog wasn't always so important. For ancient Jews, any old fruit would do.

If IQ tests are any indication, Americans are getting stupider. Some think environmental factors could be to blame. Others say that it's our culture which is to blame for making us stupider.

According to a new book from Jack Wertheimer, American Judaism is embracing universalism in an effort to stay relevant. But this focus on universalism may threaten to undermine the vitality of the Jewish faith.