Posts Tagged: wealth
“Novels about psychically and sexually burdened paintings have a rich literary pedigree,” writes UNC Professor of Art History Maggie Cao for Public Books. Cao’s essay tackles the subject of forgery, which puts “the intimate, almost magical role that works of art play in people’s emotional and erotic lives” into conversation with modern market forces that have, as of late, transformed art collectors from neurotic worshippers of art to high-tech investors....more
Two recent novels, The Nest by Cynthia D’Aprix Sweeney and Sons and Daughters of Ease and Plenty by Ramona Ausubel, explore privilege and entitlement, and what happens when wealth disappears. It can be hard to feel sorry for trust fund kids when you live paycheck to paycheck, but:
From some distance, it’s a parable about the current age, in which an increasingly fraught vision of American prosperity abuts the realities of stagnation and loss.
Last week, tech billionaire Peter Thiel admitted to funding lawsuits against Gawker Media, including the lawsuit brought by Hulk Hogan. Hogan won a $140 million judgment against Gawker after the site published a small portion of a recording of Hogan having sex with a friend’s wife and talking about eating too much sushi....more
For most writers, income may be falling, but not for everyone. A new study shows that just as in other industries, income disparity is a growing problem between the writing elite and the rest of us. BBC News reports that just 5% of writers are earning 42% of all writing-related income, while the bottom half of professional writers accounted for just 7% of that income....more