money-matters

The Top 1% Is Close to Owning Most of Everything

Hamilton Nolan · 01/19/15 01:12PM

If current trends continue—and there is no reason to suspect they won't—we may be just a year away from a time when the wealthiest 1% of people in the world control the majority of the wealth.

America the Unequal Can't Last Forever

Hamilton Nolan · 01/16/15 01:10PM

America has money. Which is better than not having money. But all of the money in America is going to the rich. This is our basic problem.

Egg Prices Are Going Up, Which Is Good

Hamilton Nolan · 12/29/14 09:15AM

This year (because of a law, obviously, not out of any sense of kindness), chickens will get bigger houses. That means the price of eggs is going up. Okay, good.

Hamilton Nolan · 12/22/14 10:00AM

The UK is preparing to criminalize the manipulation of exchange rates and other financial benchmarks. Apparently that was legal until now.

Rents Are Going Up, Suckas

Hamilton Nolan · 12/19/14 02:50PM

For the first time since 2001, there are not enough rental units in America to meet demand. Can you guess what this means?

Here Is Vice Media's Salary Breakdown

Hamilton Nolan · 12/18/14 04:05PM

Vice Media, now valued at two and a half billion dollars, made a ton of money this year. How much do its employees make? Here is Vice's most detailed information yet.

Wall Street Is a Leech

Hamilton Nolan · 12/17/14 01:15PM

The growth of Wall Street is detrimental to the health of America. Let's review.

Bubble Watch: Junk Bonds Edition

Hamilton Nolan · 12/15/14 11:10AM

The American economy is booming, for the most part! That means that it is constantly a good time to worry about which part of the economy will collapse first. Today: shitty bonds?

Campaign Finance Reform Is Going Backwards

Hamilton Nolan · 12/11/14 09:40AM

If America ever wants to shed our cynical, accurate view of our political system being solely a game for the rich, we must—must!—reform the way we finance political campaigns. This week, Congress is determined to take a big step in the wrong direction.

Oil Is So Cheap Now. So What?

Hamilton Nolan · 12/01/14 11:16AM

While you slackers were all spending quality time with your families, the global oil markets were plummeting! This is good news, perhaps. Or maybe bad news? Let's explore how this will save—or possibly destroy—our world.