England has a reputation around the world for awarding generous payouts to the financially weaker party in a divorce. A prenuptial agreement (or “prenup”) is not legally binding in England, and judges have extremely wide discretion when deciding how assets should be divided upon divorce. Although increasingly rare, English courts can grant a type of […]
The Economist has a new article asking why rich people work longer hours than the poor nowadays. According to them: … the rich have begun to work longer hours than the poor. In 1965 men with a college degree, who tend to be richer, had a bit more leisure time than men who had only […]
The FT has an article featuring overseas Chinese students. According to the article, The number of Chinese studying overseas has more than tripled in the past decade and continues to shoot up. The rise has been particularly dramatic among lower-middle-class families: according to a report from the Chinese Academy of Social Sciences, up to the end […]
The Economist blogged on a same topic that I have explored in an earlier blogpost here. That showed data from the OECD that in a vast majority of its member countries, people are working fewer hours than they did in 1990. While people do generally work less hours in these OECD countries, the reduction in hours […]
I can’t agree more on how a recent New York Times article describes my life: If you live in America in the 21st century you’ve probably had to listen to a lot of people tell you how busy they are. It’s become the default response when you ask anyone how they’re doing: “Busy!” “So busy.” “Crazy busy.” […]