This Wharton Grad Wants You to Live in His Shipping Containers

This Wharton Grad Wants You to Live in His Shipping Containers

Luke Iseman has figured out how to afford the San Francisco Bay area. He lives in a shipping container. The Wharton School graduate’s 160-square-foot box has a camp stove and a shower made of old boat hulls. It’s one of 11 miniature residences inside a warehouse he leases across the Bay Bridge from the city, where his tenants share communal toilets and a sense of adventure.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

Comcast is about to fund its biggest media critics with hundreds of millions of dollars

Comcast is about to fund its biggest media critics with hundreds of millions of dollars

Comcast has earned a reputation as one of America’s most hated companies and there are plenty of people in the media who slam the cable giant on a regular basis. That’s why we’re intrigued about Re/code’s new report claiming that NBCUniversal, which is owned by Comcast, is about to invest hundreds of millions of dollars into two major media companies that have in the past been some of its toughest critics.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

The end of capitalism has begun

The end of capitalism has begun

Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

Americans may soon be seeing far fewer “Made in China” labels at the mall

Americans may soon be seeing far fewer “Made in China” labels at the mall

Sometimes it seems like everything we own has been made in China—the iPhones in our pockets, the TVs in our living rooms, the clothes in our closets, and the toys under the Christmas tree. (And if it’s plastic—the tree, too.) China, after all, manufactures more stuff than any other country in the world.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

Inequality is Central to the Productivity-Pay Gap

Inequality is Central to the Productivity-Pay Gap

Matt Yglesias is an insightful writer, but his recent article, “Hillary Clinton’s favorite chart is pretty misleading” is itself very misleading. Since the Clinton campaign’s “favorite chart” is an EPI chart, which Jared Bernstein and I originally came up with twenty years ago, I think it’s important to set the record straight. The main problem is that Yglesias does not actually engage with the chart he says he’s criticizing.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite

What paying fast food workers a living wage would do to the price of a Big Mac

What paying fast food workers a living wage would do to the price of a Big Mac

Would you pay 17 extra cents for a Big Mac if it meant the person who prepared it could earn a living wage? What about an extra 30 cents each time you ate out at any fast food restaurant? These are the small prices we would have to pay on average to ensure that fast food workers around the country earned an hourly-wage of $15, according to a new study by researchers at Purdue University's School of Hospitality and Tourism Management.

View Full Post

More great content like this @ Business & Economy Front Page or you can Request Invite