Word: collectionitis
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It was arguably the last great burst of Motown creativity. Gordy, distracted by Hollywood, released two films starring Diana Ross - Mahogany and the Billie Holiday biopic Lady Sings the Blues. The 80s brought Rick James and Lionel Richie and The Big Chill - a white, yuppie film with an amazing Motown...
Back at Ziomara Suarez's apartment, the formal loan collection ends, but the women of the Progressives - what the group has named itself - stick around. As Emily Medina leaves to deposit the cash she's collected, the borrowers continue to chat and laugh and swap stories about the ups and...
Over in the East Village, Mondo Kim's was New York's premier video rental outlet; its trove of 55,000 items included all manner of ancient, foreign or just plain weird movies in DVD or, bless 'em, VHS format. Netflix, a more convenient but much less comprehensive service, killed...
Kinsley's latest missive in TIME falls prey to one of the oldest traps in economics - Frédéric Bastiat's broken-window fallacy. Just as a broken window creates work for the glazier at the expense of the window owner, money that Kinsley hopes to inject into...
Kinsley falls prey to Frederic BaStiat's broken-window fallacy. Just as a broken window creates work for the glazier at the expense of the window owner, money that Kinsley hopes to inject into the economy must first be taken out of it. Add in collection costs and the usual...