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+16 +2How housing became the world’s biggest asset class
It is only a recent phenomenon
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+21 +7Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent
Yelp on Wednesday released its latest Economic Impact Report, revealing business closures across the U.S. are increasing as a result of the coronavirus.
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+19 +2In pandemic America's tent cities, a grim future grows darker
Nadeen Bender stood outside her home, a tattered two-man tent, surrounded by the re-purposed Amazon Prime boxes she uses to store her life's belongings. One by one, she checked the cartons to make sure nothing had been stolen in the night.
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+20 +4The coming war on the hidden algorithms that trap people in poverty
A growing group of lawyers are uncovering, navigating, and fighting the automated systems that deny the poor from housing, jobs, and basic services.
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+15 +2Secondhand clothing sales are booming – and may help solve the sustainability crisis in the fashion industry
Fast fashion is far from green. But the rapid expansion of online clothing resale platforms could help shrink the garment industry's negative impact on the environment.
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+17 +3The 'market' won't save us from climate disaster. We must rethink our system
Expecting the free market to fix global warming is like trying to pound nails with a saw
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+21 +5Inside Foxconn’s empty buildings, empty factories, and empty promises in Wisconsin
Two years of a charade that upended people’s lives.
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+16 +3Millennials have 4 times less wealth than Baby Boomers did by age 34, control just 4.2% of all U.S. wealth
Millennials are the largest group in the U.S. workforce but have 10 times less money than Baby Boomers control today.
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+13 +1Dissecting the Nobel: how Milgrom and Wilson changed the face of auctions
Their big contribution was that auctions aren't just auctions. How an auction is designed matters enormously for what it does.
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+15 +2Trust and income inequality fueling the spread of COVID-19
Study of 84 countries links social trust and belonging to COVID-19 mortality.
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+3 +1Teens are buying fewer clothes, less food as their spending hits two-decade low
Teen spending hit its lowest levels in two decades, according to a new survey, as teens spent less money on food, concerts and events during the coronavirus pandemic, and worry about the economy getting worse.
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+22 +7The Pandemic Depression Is Over. The Pandemic Recession Has Just Begun.
Signs of a slower, grinding recovery sure look familiar.
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+23 +2Elderly and Homeless: America’s Next Housing Crisis
Over the next decade, the number of elderly homeless Americans is projected to triple — and that was before Covid-19 hit. In Phoenix, the crisis has already arrived.
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+22 +4Nearly 4 million US jobs have vanished forever
There's mounting evidence that the pandemic is dealing a lasting blow to the American economy, with millions of jobs vanishing forever.
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+2 +1The World’s 2,000 Billionaires Have More Wealth Than Almost 5 Billion People Combined
The divide between the ultra-rich & everyone else is increasing.
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+2 +1U.S. Dollar Will Crash in 2021, Senior Yale Economist Warns
Specs Place is about all cars specs, engines and performance. Want to know more about what a car can do? Specs Place is the right place.
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+17 +3How Work Became an Inescapable Hellhole
Instead of optimizing work, technology has created a nonstop barrage of notifications and interactions. Six months into a pandemic, it's worse than ever.
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+4 +1Cost Of Racism: U.S. Economy Lost $16 Trillion Because Of Discrimination, Bank Says
Citigroup estimates the economy would see a $5 trillion boost over the next five years if the U.S. were to tackle key areas of discrimination against African Americans.
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+18 +3Andrew Yang on 2020, UBI, and fixing government
The former presidential candidate discusses universal basic income, artificial intelligence, and his next job in politics.
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+11 +2How philanthropy benefits the super-rich
The long read: There are more philanthropists than ever before. Each year they give tens of billions to charitable causes. So how come inequality keeps rising?
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