One obvious selling point for Warby Parker customers is price: The vast majority of eyeglasses sell for a reasonable (and curiously uniform) rate of $95. Perhaps what’s most remarkable of all is that the price of Warby Parker glasses was almost set at $50 cheaper.
Economics & Policy
Student debt is creating the most debt-ridden twentysomethings in modern history, and we’re all going to pay a price. Here’s the best advice from new grads.
The proposed ‘chained’ inflation index would cut Social Security increases even though a realistic index of elder inflation would push benefits higher. Can we just tell the truth?
Let’s start with the obvious. Those IRS employees who singled out conservative groups for scrutiny over their tax-exempt status were wrong, wrong, wrong. Any whiff of politics at the agency is unacceptable, and this is far more than a whiff. In time, we shall see how far up the agency food chain the scandal goes.
But this unsavory …
Four years after the recession ended we are still getting signals that our values have changed–at least partly of necessity.
Among other controversial ideas, BlackRock CEO Laurence Fink said long-term bonds had become so risky that young people should be 100% in stocks.
Online giant eBay is leading the charge against legislation that would require sales tax to be collected on Internet sales. The mandate would be an unfair burden on small businesses, eBay says. And yet who are among the bill’s strongest supporters? Yep, small businesses.
As the retirement savings crisis deepens, the call for forced savings grows louder. We are headed for something like Australia’s “superannuation” model–with the possibility of one big change: employee contributions.
Two key facts are being glossed over with this week’s big announcement from Pfizer: 1) It’s been possible to buy guaranteed authentic Viagra online for years; and 2) Pfizer isn’t really selling drugs directly to customers.
in a new paper, the highly influential Consumer Financial Protection Bureau endorses mandatory personal finance classes in grades K-12.
Celebrities and political figures are among the thousands of people living on daily food budgets of $1.50 during the Live Below the Line challenge, a campaign to raise money and awareness for global poverty
In early 2012, JC Penney promised the end of “fake prices”—ones that were inflated just so that shoppers could be tricked into thinking the inevitable discounts represented amazing deals. Well, it’s already time to welcome back …