money

Dollar dollar bill y'all

Article: Dollar dollar bill y'all

photo by Jason Schmidt
When conceptual artist Hans Peter Feldmann revealed what he would do with the $100,000 award money that accompanies the annual Hugo Boss Prize, critics were split between those who thought it seemed like an obvious, even hammy approach and those who “wished it could be on permanent display.” Recipients of the prize are expected to use at least part of the hundred-grand towards a new work, but so far no one has dedicated each and every dollar of it in the way Feldmann has – using it to line the walls of the Guggenheim. And while he could have easily obtained $100,000-worth of brand new bills (much more easily, in fact), Feldmann’s $100,000 wallpaper is made up of only used bills. It’s not enough to line the entire rotunda, it’s more than enough for the second-floor gallery, where it will be on display until November 2, 2011.

Married same-sex couples refusing to lie on their tax returns

Article: Married same-sex couples refusing to lie on their tax returns

RefuseToLie.org is an effort to take a stand against the federal government’s refusal to recognize gay marriages across the country. As it is now, the IRS calls for gay couples who are legally married in states that recognize the union to file as “single” — and some people aren’t going to step in line anymore.…

Why do lesbians earn more than straight women?

Article: Why do lesbians earn more than straight women?

Research shows that lesbian women earn more than straight women — even when you control for the facts that lesbian women tend to be better-educated, more likely to be white, live in cities, have fewer children, and more likely to be professionals. So how to explain this wage gap? Economics professor Marina Adshade of Dalhousie University in Halifax, Nova Scotia, examines a hypothesis that it has to do with the division of labor in your typical heterosexual union. In short, the theory goes, a straight woman is raised with the assumption that she will most likely marry a man who earns more than she does for the same amount of work, and also that she will be taking on the lion’s share of at-home, unpaid labor. Which means that she is slightly less motivated that her lesbian peers to get ahead at work. Lesbian women — at least, as long as they have been gay — don’t make this assumption.

Notgeld: gorgeous German currency from the preinflationary years, 1914-1923

Article: Notgeld: gorgeous German currency from the preinflationary years, 1914-1923

From the outbreak of World War I until a few years after it, German and Austrian savings banks, municipalities, and other institutions tried to sidestep rampant inflation by printing local currencies known as notgeld, German for “emergency money” or “necessity money.” Flamboyantly designed and wildly colorful, the bills were soon coveted by collectors, and they…