Newly obtained tax information reveals that from 1985 to 1994, Donald J. Trump’s businesses were in far bleaker condition than was previously known.
Category: Economics
📺 BOSS: The Black Experience in Business | PBS
Learn about the untold story of African American entrepreneurship, where skill, industriousness, ingenuity and sheer courage in the face of overwhelming odds provide the backbone of this nation’s economic and social growth.
It is painful to watch the destruction of lives and value over several hundred years here however.
I was entertained to see the documentary re-appropriate The O’Jays song For The Love of Money to highlight African American entrepreneurship as it was obviously horrifically misused in NBC’s The Apprentice.
The bipartisan effort to help the tax preparation industry, and why it matters to you.
Tax Day is behind us, but the Taxpayer First Act is not. The bipartisan proposal passed the House last week and is now under consideration in the Senate — and one of the provisions is exactly what the for-profit tax preparation industry has been pushing for.
Through an agreement with the IRS, companies like H&R Block and Intuit currently offer free tax filing services to taxpayers making less than $66,000 dollars a year. But only 1.6 percent of taxpayers actually use Free File, and critics say that the companies engage in aggressive up-selling through the portal. A provision in the Taxpayer First Act would bar the IRS from developing their own free system.
Dennis Ventry is a tax scholar at the University of California, Davis. He has written about the shortcomings of the Free File program, and explains to Bob why he thinks the IRS isn't doing enough to protect taxpayers who try to use it. He wrote an opinion piece last year titled "Free File providers scam taxpayers; Congress shouldn't be fooled" — which made him the target of a public records request from an industry group.
👓 In which I almost waste four dollars at Amazon | quomodocumque
Instructive anecdote. I needed a somewhat expensive book and the UW library didn’t have it. So I decided to buy it. Had the Amazon order queued up and ready to go, $45 with free shipping, then had a pang of guilt about the destruction of the publishing industry and decided it was worth paying a li...
🔖 How to Hide an Empire: A History of the Greater United States by Daniel Immerwahr
A pathbreaking history of the United States’ overseas possessions and the true meaning of its empire
We are familiar with maps that outline all fifty states. And we are also familiar with the idea that the United States is an “empire,” exercising power around the world. But what about the actual territories―the islands, atolls, and archipelagos―this country has governed and inhabited?
In How to Hide an Empire, Daniel Immerwahr tells the fascinating story of the United States outside the United States. In crackling, fast-paced prose, he reveals forgotten episodes that cast American history in a new light. We travel to the Guano Islands, where prospectors collected one of the nineteenth century’s most valuable commodities, and the Philippines, site of the most destructive event on U.S. soil. In Puerto Rico, Immerwahr shows how U.S. doctors conducted grisly experiments they would never have conducted on the mainland and charts the emergence of independence fighters who would shoot up the U.S. Congress.
In the years after World War II, Immerwahr notes, the United States moved away from colonialism. Instead, it put innovations in electronics, transportation, and culture to use, devising a new sort of influence that did not require the control of colonies. Rich with absorbing vignettes, full of surprises, and driven by an original conception of what empire and globalization mean today, How to Hide an Empire is a major and compulsively readable work of history.
👓 Universities should be working for the greater good | Kathleen Fitzpatrick | Times Higher Education
Friendly competition can push us all to do better. But when the competitiveness that fuels excellence and prestige becomes based in the logic of the market, universities lose sight of their true purpose, writes Kathleen Fitzpatrick
This article reminds me a lot of the thesis in American Amnesia: How the War on Government Led Us to Forget What Made America Prosper. There they indicate that America’s economy isn’t one of pure capitalism and competition, but that we’ve gotten here by a healthy dose of having a mixed economy. Higher education needs a lot of that same mixed economy perspective to fix the wrongs of decades of to much direct competition which is having far too many unexpected consequences and emergent behaviors which we didn’t expect, anticipate, and now have trouble attempting to fix.
This article is so important, just this once, I’ll recommend that those who hit the website’s paywall and don’t want to register, use a read it later service like Pocket or Instapaper which should give you the full text or you can use your browser’s functionality for “viewing source” to get a marked up version.
📑 YouTube Executives Ignored Warnings, Letting Toxic Videos Run Rampant
A brief reflection on Kate Bowles’ keynote at OER 19
“What a chilling thing to say about young people crossing the world to learn.” –Kate Bowles (in response to the slide immediately above)
The fact that businesses, governments, and even universities themselves would take such an ugly standpoint on teaching and learning is painful. It reminds me that one of the things that I think the open IndieWeb movement gets right is that it is people-centric first and foremost. If you can take care of people at the most base level, then hopefully what gets built upon that base–while still watching it carefully–will be much more ethical.
The IndieWeb is a people-focused alternative to the “corporate web”.
As a result of this people-centric vision, I’m seeing a lot less of the sort of ills, unintended consequences, and poor emergent behaviors caused by the drive toward surveillance capitalism within the giant social media silos like Facebook, Twitter, Instagram, et al.
I’m reminded of a part of the thesis that Cesar Hidalgo presents in Why Information Grows: The Evolution of Order from Atoms to Economies of the idea of the personbyte and what that looks like at a group level, then a corporate level, and I wonder how it may grow to the next level above that. Without ultimately focusing on the person at the bottom of the pyramid however, we may be ethically losing sight of where we’re going and why. We may even be building an edifice that is far more likely to crumble with even worse unintended consequences.
Here’s her talk in full. I highly recommend it.
https://youtu.be/ff1NBTLjWj8?t=1900,3943
👓 College Grads Sell Stakes in Themselves to Wall Street | Bloomberg
Instead of taking out loans, students can agree to hand over part of their future earnings in return for investment.
👓 This simple tipping trick could save you over $400 a year | CNBC
Changing this one thing about the way you pay can save you money without being unfair to servers.
👓 The Death of an Adjunct | The Atlantic
Thea Hunter was a promising, brilliant scholar. And then she got trapped in academia’s permanent underclass.
👓 Attorneys General Sue Trump Administration Over School Nutrition Rollbacks | The Salt | NPR
A coalition of state attorneys general is suing the Trump administration for weakening the federal nutrition standards for school meals that are fed to about 30 million children across the country.
"Over a million children in New York — especially those in low-income communities and communities of color — depend on the meals served daily by their schools to be healthy, nutritious, and prepare them for learning," New York Attorney General Letitia James said in a statement announcing the lawsuit. Joining James in the lawsuit are the attorneys general of California, the District of Columbia, Illinois, Minnesota, New Mexico and Vermont.
🎧 Economic Ripples: Hospital Closure Hurts A Town’s Ability To Attract Retirees | NPR
When a rural community loses its hospital, health care becomes harder to come by in an instant. But a hospital closure also shocks a small town's economy. It shuts down one of its largest employers. It scares off heavy industry that needs an emergency room nearby. And in one Tennessee town, a lost hospital means lost hope of attracting more retirees.
📺 Fyre Fraud (2019) | Hulu
Directed by Jenner Furst, Julia Willoughby Nason. With Bella Hadid, Ja Rule, Billy McFarland, Cameron Davison. Concert promoters and rapper Ja Rule advertise a high-end festival experience that fails spectacularly when they don't plan for the infrastructure to support the venue, artists and guests.
This does a great job of showing cultural excess. At least the founder was put into jail before he had a chance to run for president…
Just visit https://jonudell.info/h/facet/
and then enter the appropriate domain name followed by /*
as a wildcard to search.
Examples for:
- Aaron Davis: https://jonudell.info/h/facet/?wildcard_uri=https%3A%2F%2Freadwriterespond.com%2F*&max=50
- Ian O’Byrne: https://jonudell.info/h/facet/?wildcard_uri=https%3A%2F%2Fwiobyrne.com%2F*&max=50
Now wouldn’t it be cool if this were available in the main UI? Perhaps if there were a button for “Site notes” or highlights? This may be unwieldy for the New York Times, but could be reasonable and very useful for smaller personal and/or academic based websites.