Nurullah Güleç

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Welcome to the Piketty revolution: “Capital in the 21st Century” is a game-changer (even if you never read it)

“Capital in the 21st Century” is an unexpected bestseller that could actually change the world<p>Anyone who's anyone (and many more who aren’t) has written something this week about "Capital in the 21st Century," the new treatise on income inequality by French economist Thomas Piketty.<p>The book was …

The First Lesson of Marriage 101: There Are No Soul Mates

A course at Northwestern University teaches students about what makes a healthy relationship.<p>Research shows that practically every dimension of life happiness is influenced by the quality of one’s marriage, while divorce is the second most stressful life event one can ever experience.<p>Yet nearly …

If Nelson Mandela really had won, he wouldn't be seen as a universal hero

Mandela must have died a bitter man. To honour his legacy, we should focus on the unfulfilled promises his leadership gave rise to<p>In the last two decades of his life, Nelson Mandela was celebrated as a model of how to liberate a country from the colonial yoke without succumbing to the temptation of …

Will China Soon Have a 'Lehman Moment'?

With fewer bank deposits, an influx of "quasi-money," and booming "shadow currencies," financial analysts are concerned that the country may be on the brink of a problem.<p>Money market rates in China climbed again last week, prompting more worries of a deja vu of June’s cash crunch that spooked …

This Year's Nobel Prize in Economics Was a Big, Fat Critique of Financial Media

Three economists won for showing it's impossible to predict short-term stock prices. Don't tell the constellation of stock pickers orbiting around business columns and TV segments.<p>Reuters<p>Eugene Fama revolutionized economics by proving that markets are efficient. Robert Shiller revolutionized …

The Bizarre, Misguided Campaign to Get Rid of Single-Sex Classrooms

The “Teach Kids, Not Stereotypes” initiative thinks separating students by gender is equivalent to racial segregation.<p>Wealthy families have always had the option of sending their children to all-male or all-female schools, but parents of modest means have rarely had that choice. That changed in …

Konsumkritik: Kapitalisten gegen den Kapitalismus

Der Designrevolutionär Friedrich von Borries und seine Truppe auf der 1. Mai-Demo in Berlin Kreuzberg.<p>Bild: RLF<p>Allem Anschein zum Trotz ist …

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Chomsky: The U.S. behaves nothing like a democracy

The MIT professor lays out how the majority of U.S. policies are opposed to what wide swaths of the public want<p>I'd like to comment on topics that I think should regularly be on the front pages but are not -- and in many crucial cases are scarcely mentioned at all or are presented in ways that seem …

The Complete Guide to Getting Into an Economics Ph.D. Program

Math challenged? Never taken an econ class? Don't worry about it. There's hope for you yet.<p>Back in May, Noah wrote about the amazingly good deal that is the PhD in economics. Why? Because:<p><b>You get a job.</b><br>• You get autonomy.<br>• You get intellectual fulfillment.<br>• The risk is low.<br>• Unlike an MBA, law, or medical …

The White Man's Continent

Shout-out to whoever it was that told me to check out Eric Hobsbawm's <i>The Age of Revolution</i>. I am really digging it. For people like me--black dudes who like European history--one of the really unfortunate things is the inability to consider Europe on its own human terms. European history was always …

Bash Brothers: How Globalization and Technology Teamed Up to Crush Middle-Class Workers

Globalizationandtechnology is often referred to like a monolithic thing. A new study shows they're very separate. Globalization increases joblessness. Computers increase inequality.<p>REUTERS<p>Profits have never been higher. Wages have never been lower.<p>Okay, that sounds like an awfully oversimplified …

Hannah Arendt’s Original Articles on “the Banality of Evil” in the New Yorker Archive

We've all heard the phrase "the banality of evil." Some of us even know which political theorist to attribute it to, and among those, a few have even …

How America's 'Culture of Hustling' Is Dark and Empty

Results-obsessed perspectives overlook meaning — and leave little room for creativity, pleasure, or accepting the importance of sadness.<p>One of America’s worst crimes, according to cultural historian and social critic Morris Berman, is the cultivation of a “culture of hustling.” Hustling—the …

Redistributing Wealth Is the Wrong Way to Fix a Rigged Game

Elites shouldn't be forced to share ill-gotten gains -- they should be prevented from ever getting them.<p>Quinn Anya/Flickr<p>In my review of <i>Twilight of the Elites</i>, Chris Hayes's thoughtful critique of American meritocracy, I largely agreed with his contention that the current system is frequently …