money-matters
Hamilton Nolan · 02/10/15 05:15PM
A new report (funded by the petroleum industry) says that universities that divest themselves of fossil fuel companies will end up losing money—0.7% a year lower returns, according to the report. Huh. No shit! If divestment gained you money, everyone would do it, and it would have no god damn point.
Hamilton Nolan · 02/06/15 02:26PM
Hamilton Nolan · 01/26/15 03:52PM
"In the late 1960s, more than half [53%] of the households in the United States were squarely in the middle, earning, in today's dollars, $35,000 to $100,000 a year... But since 2000, the middle-class share of households has continued to narrow [to 43%], the main reason being that more people have fallen to the bottom."