money
4

A New York Superlative

The mean income of the top 5 percent of households in Manhattan soared 9 percent in 2013 over 2012, giving Manhattan the biggest dollar income gap of any county in the country, according to data from the Census Bureau The top 5 percent of households earned $864,394, or 88 times as much as the poorest 20 percent, according to the Census Bureau’s American Community Survey, which is being released Thursday and covers the final year of the Bloomberg administration.

The meaning of this statistic, which still maintains a limited ability to shock in our post-Piketty era, will magically unravel itself in due time as many of the remaining [...]

8

When Your Friend Is Also Your Boss: A Cautionary Tale

This series is brought to you by TurboTax Federal Free Edition.

Mike Dang: Logan, do you remember when I was your boss? Good times, huh?

Logan Sachon: Well, Mike, I do remember it, but apparently not the way you do, because I thought it was a terrible time.

Mike: Yes, well, becoming your boss was sort of an accident. We both started out as contributors to the website where we worked, and you sent me this really cute email saying you liked my writing, and I replied that I really liked your style too, and then we IM'd everyday forever. Yay! Best friends! And then I got [...]

17

Why Will Leitch Burned All His Baseball Cards: A Q&A

This series is brought to you by TurboTax Federal Free Edition.

Pictured: New York mag columnist and movie enthusiast Will Leitch on deck, 1992.

Hey Will, thanks for taking the time to talk to me.

Sorry, I'm late. I'm on baby duty right now, but I duct-taped his mouth, so we should be okay.

Oh!

I'm just kidding!

Whew! So people used to collect baseball cards, and you were one of those people. Can you tell me about your first memories of baseball, and how you got into it?

Yeah, so my dad struggled with getting me into playing baseball for a long time. And by a [...]

5

Reasons to Weep

“You know what makes me want to cry? I think whoever the next Facebook is, why would you ever start that company here in the United States?” — Heather Bresch, the daughter of West Virginia senator Joe Manchin, and C.E.O. of the Pennsylvania-based pharmaceutical giant Mylar, who is "reluctantly" acquiring Abbott Laboratories in order to re-incorporate in the Netherlands where it will pay an eventual tax rate in the "high teens," rather than the 25 percent it pays now.

122

Buying The Bottom Shelf: An Adventure In Cheap Liquor

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Cheap liquor is designed to get you wasted. You can take your time with a nice whisky, and enjoy it as you would with an expensive bottle of wine, but cheap liquor's only purpose is to be cheap. There is no complexity in cheap alcohol—at least, not the kind you desire—and because of its nature, you will force it down quickly and wait for it to impair you to an equally degraded state of relaxation. Perhaps it will make you long for the days of Drynuary.

17

Paying Back Your Friends: A Conversation

This series is brought to you by TurboTax Federal Free Edition. Mike: So, Logan, I heard that after we left the bar last night, I went home to go to bed, and you went back to your neighborhood in Brooklyn and got more drinks?

Logan: Well, that is almost true. I went back to our friend Adam's neighborhood and got one more drink, and also some macaroni and cheese, yes. That happened.

Mike: Oh.

Logan: I'm guessing that you're interested in this fact because you think there are other things I could have spent that $26 on! ($6 for the drink, $10 for the mac and cheese, and [...]

36

The Ways That People Pay Their Bills

This series is brought to you by TurboTax Federal Free Edition.

We wondered how people pay their bills, so we asked them: how do you pay your bills? They—and we—answered thusly: It's a mess. Someone figure out how to make this less difficult, pronto. So, how do you pay your bills?

Tyler Coates, blogger "My roommate handles all of our utilities. We have a Google doc with all of the expenses, how much she has paid, and what I owe her, and I write her a check every month or two. In addition to that, I have rent to pay, which I do by check. I think [...]