Tag: money

Contributor Post Created with Sketch. Kids Are too Expensive, Here and in China

 

shutterstock_223628806Consider two data points. The first is from China, which recently “relaxed” its One Child Only policy. For years, the official government position on families was, the smaller the better. This led to a large and ugly number of infanticides, mostly of infant girls. But relaxing the policy doesn’t mean there’s a baby boom on the way. In China, kids are expensive. From Shanghai Daily:

THE changes to China’s family planning regulations are unlikely to result in a baby boom in Shanghai, a local expert said yesterday. Zhang Zhen, a professor at Fudan University who specializes in demographics, said that based on his research, “most couples simply haven’t thought about having a second child.” As well as the financial implications, they worry about the broader social issues associated with expanding their families, he said.

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Promoted from the Ricochet Member Feed by Editors Created with Sketch. Resolved: It Is Immoral to Pursue Extravagant Wealth

 

800px-3D_Judges_GavelLeah Libresco is one of the most interesting writers in the blogosphere. After graduating from Yale with a degree in mathematics, she matriculated into the real world. She started a blog on the Patheos atheist channel that shot to the top of the charts. Libresco was quickly hired by the Huffington Post. She rose to prominence because of her unique way of arguing for the atheist position.

After several years of challenging believers with tough questions, Libresco shocked the blogosphere with her conversion to Catholicism. She now runs the blog Unequally Yoked and writes at FiveThirtyEight. She runs the podcast Fights in Good Faith for Real Life Radio.

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Contributor Post Created with Sketch. Greece Gets the Worst of Both Worlds

 

greek facepalm-225x300It appears Greece has ended up paying two costs. It chose first to spurn the EU through a referendum and has suffered a banking system shuttered and a major contraction in its economy. It then spins around and takes a deal that is to most observers worse than the one it turned down the previous week. So it pays for a financial crisis and for more austerity.

Heckuva job, Alexis.

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The Republican nominee should campaign on the issue of reversing the Treasury Department’s decision to put a woman on the ten dollar bill in 2020. Instead, the nominee should engage in a national discussion on 1) if we should put a woman on paper money, and 2) how. I will go ahead and say “yes” […]

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Contributor Post Created with Sketch. Curb Your Economic Pessimism

 

shutterstock_69907912The economy has been in a tepid, soft, slow recovery for the past five-and-a-half years. It’s the weakest rebound in generations. The Commerce Department’s revision of fourth-quarter GDP shows that nothing much has changed. Over the past year, real economic growth registered 2.4 percent, slightly higher than the recovery average. It ain’t much.

Meanwhile, winter economic reports for retail sales, manufacturing, and capital investment point to a weaker first quarter, perhaps around 1 percent. And Wall Street is talking about a possible profits recession, with expectations of a 2 or 3 percent drop in corporate earnings for the first half of 2015. So the market bears are out in full force.

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Contributor Post Created with Sketch. Member Post

 

On the recent Forward Observers podcast, they tell us that it isn’t always the poor going off to join ISIS; Muslims from all backgrounds, including some surprisingly upper crust ones, radicalize and join the jihad. But why is that surprising? Why do we assume that ideology is tied to income? There are billionaire rightwingers and […]

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Contributor Post Created with Sketch. Member Post

 

The Huffington Post has hired a full time reporter at $40k just to cover the Michael Brown-Ferguson, MO story and paid for it through reader contributions on BeaconReader.com. Do you think this would work on Ricochet? Could we hire a fulltime code writer and a Photoshop artist? Asking for a friend… More

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I’m usually not one to do this, but my business – small theatre arts organization (www.SanPedroRep.org) is in the running for a $100,000 grant. More

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I have been a big fan of Lawrence Lessig for years, mainly for his work versus SOPA, PIPA, and earlier fights. But his latest campaign is a different matter altogether. His MayDay PAC just completed a pledge drive that raised $5M to “reduce the influence of money in politics.” Fighting flooding with water, or something. More

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