This is the proof that the 1% have been running the show for 800 years | Quartz


A family’s status in society can persist for eight centuries or more, according to a new study by two economists using the educational status and surnames in England between 1170 and 2012.

via This is the proof that the 1% have been running the show for 800 years – Quartz.

Mentor Or Best Friend: Which Management Style Is Best? | Fast Company


The advantage of a mentor style is that it suits an employee’s desire to be heard. It also sets up the manager in situations where an employee’s results fall short.

The downside to being a mentor is that communication will break down at some point.

“Performance drives results, and when the results aren’t there, individuals often blame the manager for lack of support.”

via Mentor Or Best Friend: Which Management Style Is Best? | Fast Company | Business + Innovation.

As Snow Fades, California Ski Resorts Are Left High and Very Dry | NYTimes.com


The ski industry, which expects higher temperatures, less snow and shorter seasons in the coming decades, is seen a bit like the canary in the coal mine of climatology.

via As Snow Fades, California Ski Resorts Are Left High and Very Dry – NYTimes.com.

The Diplomatic Effort, and What a Final Agreement Might Look Like | NYTimes.com


For any agreement to work, there needs to be three deals:

One between the West and Iran,

one between Mr. Obama and a skeptical Congress and

one between the Iranian negotiators and Ayatollah Khamenei.

via The Diplomatic Effort, and What a Final Agreement Might Look Like – NYTimes.com.

Suzanne Maloney Discusses Iran Nuclear Talks | Council on Foreign Relations


.. ambiguity about what America’s aims are with respect to Syria has deeply alienated many of our longstanding partners in the Arab world.

via Suzanne Maloney Discusses Iran Nuclear Talks – Council on Foreign Relations.

Is China Building a Mortgage Bomb? | Bloomberg View


In highly developed economies like the U.S., the quest for homeownership feeds myriad growth ecosystems and offers the masses ways to leverage their equity for other financial pursuits.

via Is China Building a Mortgage Bomb? – Bloomberg View.

How the EU Plans to Turn $26 Billion Into $390 Billion | Bloomberg


The new entity is designed to have an impact of about 15 times its size, making it the anchor of the EU’s 300 billion-euro investment program.

Loans, lending guarantees and stakes in equity and debt will be part of its toolbox, with the goal to jumpstart private risk-taking so that stalled projects can get off the ground.

via How the EU Plans to Turn $26 Billion Into $390 Billion – Bloomberg.

World’s Oldest Spice Bears Vietnam Modern Riches | Bloomberg


Vietnam’s agricultural industry was boosted by the “Doi Moi” reforms of the 1980s, which opened up international trade to farmers.

They responded by planting more pepper, coffee and rice. The Asian nation produced 1.3 million tons of coffee in 2012, an 11-fold gain in two decades and second only to Brazil,

via World’s Oldest Spice Bears Vietnam Modern Riches – Bloomberg.

OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico | Bloomberg


Oil markets are oversupplied by about 2 million barrels a day, and global economic growth is below expectations.

“The U.S., which was a major market for OPEC, is no longer welcoming imports. It’s now striving to become an oil exporter. It’s already exporting condensates.”

via OPEC's Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico – Bloomberg.

The Swedish Invasion


Both Stockholm and Nashville are hubs for professional songwriters and producers, and Swift was signed as a writer in Nashville when she was fourteen. In an uncynical way, both Swedish and Nashville pop exploit the pleasures of the process.

via The Swedish Invasion.