Author Archives: Felix

There’s an America where home values never recovered, and families remain stuck deep underwater. That America is poor, and disproportionately black.

First the ground falls out from underneath you, and you have no support, no relevance. And yet, in this first stage, you still have a certain amount of institutional forward momentum. You keep on going, sometimes with surprising vigor and … Continue reading →

Slate Money on Palantir, Dollar Shave Club, and Tesla.

The people who would listen to Ivanka Trump, the people who would listen to Peter Thiel – those people are voting for Hillary.

It can finally start to emerge from the long shadow of its founder, and become newly relevant again.

The Republicans might be a mess right now, but they will be much more powerful, and just as angry, in four years’ time. And there’s nothing the Democrats can do to stop them.

Slate Money on why the UFC sold for 4 billion dollars, NBA salary caps, and the Rio Olympics.

The NBA is a throwback to the halcyon days of organized labor: it’s what an industry looks like when labor manages to put itself on an equal footing with capital.

Slate Money on U.K. property funds, negative interest rates, and Italian banks in crisis.

Slate Money on how religion became a guiding economic force in America.

Winning was easy, young man. Governing’s harder.

Slate Money on what happens after Britain leaves the European Union.

Even though the decision to call the referendum was truly idiotic, the responsibility for the outcome still rests on the shoulders of the British people—and, specifically, of the English people.

Brightao’s formal incorporation came in 2007, with a star-studded list of founders.

Slate Money on Microsoft’s acquisition of LinkedIn.

Slate Money on rogue trader Jérôme Kerviel, Peruvian vulture funds, and Scottish alcohol pricing.

Nick Denton is probably going to see his company disappear into the hands of one of the media moguls that Gawker was created to skewer.

Once again, Peru is facing off against a giant U.S. vulture fund.

Slate Money on Elizabeth Holmes’ disappearing billions, welfare reform, and the Verizon strike.

You probably shouldn’t write checks.

What would you do with $100 million? The John D. and Catherine T. MacArthur Foundation would love to know—and if they like your answer, they’ll give you the cash!

Slate Money on Peter Thiel, neoliberalism, and recidivism.

Silicon Valley has always had its fair share of large egos. But until now, they haven’t generally had the stated aim of using their personal money to wage scorched-earth campaigns against private media organizations. If Thiel succeeds in having such … Continue reading →

Slate Money on the taker economy, home ownership, and stock buybacks.

The BBC, arguably the most venerable broadcaster in the world, is having difficulty adjusting to the digital world.