“Banks are not the good guys in this scenario. The banks are squeezing as much as they can out of people.”
Tag: Finance
New York’s Austerity Man
At times, New York City politics can seem like midnight television, the same sitcom reruns airing in an endless cycle. Such was the feeling this fall, when former Mayor David Dinkins released his new ...
Hari Kunzru on Networks, the Novel, and the Politics of the Author
Hari Kunzru is a British-born writer who lives and works in New York. He is the author of four novels as well as numerous articles in publications including Wired, the New Yorker, the Washington ...
The Alchemy of Finance
For a few years in the late 1990s, the myth of a New Economy was everywhere. The old economy, with its pesky booms and busts, was a thing of the past, replaced by a new era of infinite prosperity ...
The Rise of Finance
In a February 2011 interview, the United States Treasury secretary insisted that the future of the American economy depends upon the continued growth of its financial sector. “I don’t have any ...