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Facebook headquarters is an amazing place. The snacks are free, the sun always shines and everyone is full of the best intentions. During my first week I encountered hundreds of people earnestly trying to make the world a better place. I also foresaw how easy it would be to adjust to this new normal and […]
Greece. Puerto Rico. Student loans. Mortgages. The forces of debt are reshaping the world, creating dislocations and crises on a regular basis. And yet, few of us really understand how debt works. Not the debt of, “can I borrow five dollars?” but the debt of corporations, nations and bureaucratic bodies. What’s debt, really? What is […]
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