Consumer

Economic Growth in America’s “Two-Tiered Society”

It’s been glorious: global M&A in Q2 soared 47% to $1 trillion, highest since 2007, just before the financial crisis. But in California, 30% of the people making less than $40k were in worse financial shape than last year, despite all the bubbles around them.

The Art of Deception in Advertising

By Alex Hillsberg and David Adelman: The tricks that ads use to fools us would be hilarious, if it weren’t so serious. These photos of ads and reality will make you laugh, squirm, and gnash your teeth all at the same time.

QE, Bailouts, And Families Struggling to Buy Food

It was a very basic question: Have there been times when you did not have enough money to buy the food you or your family needed? In wealthy countries, the percentages should be small, and given all the money-printing, it should be zero, you’d think.