Tag Archives: socioeconomics

45% of Russians Believe A Global Shadow Government Controls the World

Consider the following statement: “The world is run by some sort of overarching entity that pulls the strings in governments around the globe.” While groups like NATO, the United Nations and the G20 all include some of the biggest and most influential nations in the world, most people would probably say that the statement above is a bit of a stretch. Unless, of course, you live in Russia. A recent poll carried out by the Russian Public Opinion Research Center found that a whopping 45% of Russians agreed

New Study: Millennials Are Actually Reading MORE Than Their Elders

I’m sure you’ve heard it before: the media lamenting on how lost the young generation is, how addicted we are to technology, how we’re dumbing ourselves down and losing touch with our societal roots. But at least one study seems to be contradicting this characterization of young people as ignorant internet addicts. The study, published by the Pew Research Center last week, found that 88% of Americans between the ages of 16 and 29 claimed to have read at least one book over the

Sao Paulo’s “Ouvidor 63″: A 13-Story Utopia For Squatting Artists and Musicians (Video)

Brazil’s biggest city is filled with towering skyscrapers and abandoned buildings. Since 2008, however, rent has sky-rocketed in the city, increasing by 97% in just six years and putting Sao Paulo at #19 on the list of most expensive cities to live in. These rising living costs have left many local residents struggling to keep up with the price of keeping their home. In May of this year, a group of local artists claimed an abandoned 13-story tower block as their own. They redefined

There Are More Single Americans Than Married Ones for the First Time On Record

The U.S. government first began collecting data on the number and proportion of single and married citizens in America back in 1976. In this first year of record-keeping, 37.6% of people reported being single. Since then, that number has been steadily rising year by year. This summer, single Americans officially became the majority. As of August, 124.6 million Americans (~50.2% of the population) are single, marking the first time since record-keeping began that there are more single Americans than married ones. The percentage

Is Obama’s Economy Really Better Than Reagan’s? A Closer Look

In an article published by Forbes this past Friday, business news contributer Adam Hurting made a pretty bold claim. Hurting said that President Obama has outperformed former President Ronald Reagan (who is widely considered by conservatives as the best economic president ever), “on jobs, growth and investing”. To support his jobs claim, he used this graph, which compares the unemployment rate in the first 67 months of Obama’s and Reagan’s respective presidencies: Both Reagan and Obama inherited difficult economic situations. Reagan had to

What Does It Cost to Completely Turn Around A Rough Neighborhood?

Harris Rosen was born in a tough neighborhood of Manhattan in 1939. Through personal grit and lots of hard work, he made it to Cornell University, where he attended the School of Hotel Administration. Now he’s the owner of seven resort hotels in and around Orlando. But if you ask Rosen what his proudest achievement in life is, he won’t tell you its his success as a businessman and hotel mogul. Rather, he’ll tell you the story of a small

The Controversial Origins of Labor Day

On the first Monday of every September, we take a day off to honor the social and economic achievements of American workers and pay tribute to the contributions they make towards the prosperity of our great country. There are conflicting reports, however, as to who actually proposed the original idea for Labor Day. For many years, it was believed that the holiday was proposed in 1882 by Peter J. McGuire, general secretary of the Brotherhood of Carpenters and Joiners (one of the

India’s RICE Bucket Challenge Just Totally Nailed It

The ALS ice bucket challenge has become a global phenomenon this summer, with people dumping buckets full of water and ice on their heads to raise awareness and funding for ALS. Now, India has adopted the challenge, adding their own spin: instead of filling the buckets with ice and water, they fill them with rice. And instead of dumping the bucket over their heads, they give the bucket of rice to a person in need. The new challenge was started by

How Much Is A $100 Worth In Your State?

If you’ve ever traveled outside of the country, you’ve probably had to exchange your U.S. dollars for the currency of the country you’re visiting. Based on the exchange rate, your money usually becomes more valuable (unless you’re traveling to Europe). But while we don’t typically think about our money having different values when we travel within the U.S., there are actually huge differences in purchasing power from one state to another, based on a recent report from the Tax Foundation. For example, $100 in Washington D.C.

This Well-Known Hair Stylist Spends His Day Off Giving Haircuts to the Homeless

Mark Bustos is a hair stylist based in New York City. Currently, Mark works at the swanky Three Squares Studio, which  has been featured in magazines like GQ, Details and Vanity Fair, among others. But on his day off, you won’t find Mark shmoozing with his high-end customers. Rather, you’ll find him walking the streets of the city, offering free professional-level haircuts to homeless people. The idea started back in May of 2012, when Mark took a trip back to his family’s

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