What If Black America Were a Country?
If black America were a nation-state, how would it stack up against other countries? How would it fare on standard measures of national power and weakness?
Are Interest Rates Really That Important?
Nice thought piece on the relevance of interest rates.
This Is Your Brain on Money
A young economist wrote in 1844, “The extent of the power of money is the extent of my power. Money’s properties are my – the possessor’s – properties and essential powers… I am bad, dishonest, unscrupulous, stupid; but money is honoured, and hence its possessor. Money is the supreme good, therefore its possessor is good. Money, besides, saves me the trouble of being dishonest: I am therefore presumed honest. I am brainless, but money is the real brain of all things and how then should its possessor be brainless?”
via This Is Your Brain on Money: Why America’s Rich Think Differently Than the Rest of Us | Alternet.
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