Mutual Funds’ Dark Side

The great drama of our time is the rise of the 1 percent. Thomas Piketty has done more than anyone else to put this question on the public agenda. But while his book Capital in the Twenty-First Century documents the growth of inequality, he does not offer much of an explanation or a solution. He thinks that capitalism naturally favors investors over workers, and proposes as a remedy a global wealth tax, which no one thinks is feasible. Yet recent work by a brilliant young economist suggests that the problem is not capitalism per se, but the way our financial system is organized. The key to the problem—and to the solution—is the rise of the institutional investor. Continue reading at 'Slate'

[ Slate | 2015-04-16 00:00:00 UTC ]
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In Europe, Efforts at Pandemic Relief for Publishing; New Funds for Authors

Industry notes: The Federation of European Publishers is backing efforts to see the cultural sector included in EU Special Council meetings, while Bonnier donates to open a ‘Reading Fund’ in Germany. By Porter Anderson, Editor-in-Chief | @Porter_Anderson FEP’s Manifesto: ‘European Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-17 17:40:53 UTC ]
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Library Supporters Urge Action on Bill to Provide Relief Funding for Public Libraries

With the August recess looming and a second round of coronavirus relief in the works, $2 billion in funding for libraries hangs in the balance. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-17 04:00:00 UTC ]
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Writers and artists call for EU funds to protect European culture

Artists including writer Nina George and singer Björk have called for the European Council to provide extra funding for Europe's cultural sector following the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-07-15 03:48:46 UTC ]
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Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control

Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News

[ ABC News | 2020-07-12 18:20:00 UTC ]
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Guildford Book Festival appeals for funds

The Guildford Book Festival is appealing for funds for the first time in its 31-year history, after learning the Covid-19 pandemic could make this October's edition its last. Continue reading at The Bookseller

[ The Bookseller | 2020-07-09 01:35:14 UTC ]
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Philip Pullman to release unseen His Dark Materials novella in October

Written in 2004 and auctioned for charity, Serpentine sees an adult Lyra and her daemon Pantalaimon revisit Trollesund in search of secretsA previously unseen His Dark Materials story about a teenage Lyra, written by Philip Pullman over a decade ago and that he never intended to publish, will be... Continue reading at The Guardian

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Take a Walk on the Wild Side With These Animal Centric Manga Series

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ACE reveals it has granted nearly £2.5m to 'literature' sector in emergency fund

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Coronavirus Response: Bodour Al Qasimi Launches Emirates Publishers Emergency Fund

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Max Brooks's 'Devolution' follows Bigfoot into the dark forest of terror

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Parakeet Brings out the Delightfully Weird, Unexpectedly Wise Side of Marie-Helene Bertino, by Taylor Hickney

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Form or function? In the history of poster art, the two sides are constantly at war.

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E-book VAT: the other side of the story

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Mutual Respect: PW Talks with Marilyn Gist

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Amazon revealed as £250k donor to bookseller coronavirus fund

Amazon has been revealed as the mystery donor which pledged £250,000 to a fundraising drive to help booksellers impacted by the coronavirus crisis. Continue reading at The Bookseller

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Lowering into a Dark Pool: On An Yu’s “Braised Pork”

BRAISED PORK, the debut novel by An Yu, opens with an ending. A young wife walks into the bathroom to ask which accessory her husband prefers and finds him sprawled ungracefully in the tub, drowned. Next to his body is a strange drawing: a fish with the head of a man, or a man with […] The post... Continue reading at Los Angeles Review of Books

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