Aram Zucker-Scharff

datarep:

Is America Dreaming?: Understanding Social Mobility – LEGO based Visualization 

salon:

The decision by General Electric to sell off its financial unit, GE Capital, is important, though not for the reasons many have been giving. General Electric focusing on manufacturing instead of lending represents one of the few retreats for creeping financialization – the transformation of every corporation into a banking and trading concern – in recent decades. More importantly, the positive market reaction to GE’s decision shows that Dodd-Frank, if anything, didn’t go far enough. If you can break up GE Capital without systemic disruption or loss of global competitiveness, you can break up the banks, too.

Thanks to Washington, big banks are getting sneakier — but G.E. just proved it doesn’t have to be that way

Paul Krugman: Uh-oh, we’re just this screwed:

Austerity failed, yet Britain’s conservatives might be rewarded. There’s a lesson for us, Paul Krugman argues today

azspot:

The Salary Required to Be “Middle Class” in Every State