GOOD

Editor’s Letter

Editor in Chief Nancy Miller offers insight into the making of GOOD’s new Money Issue

Let’s begin with a show of hands: Who balances their checkbook? Anyone? No? How about a 401(k)? If you have a job that actually offers one, do you know what’s in your portfolio? If your current emotional state is clocking in somewhere between confusion and panic, don’t worry. You’re not alone. Over the course of putting together GOOD’s new Money Issue, we discovered that pretty much everything we’ve been taught to believe about work and money is woefully outdated. Nothing against the hard won wisdom of parents and grandparents, but you need a fresh roadmap to charting your financial future.

That’s where our GOOD Guide to Money comes in. From apprenticeship to entrepreneurship, permalancing to crowdfunding, the rules of how, why, and where we work have changed. That means the way we earn, save, spend, and share our hard-earned cash is unprecedented, and vastly different than our parents’ generation. To help us sort it all out, we asked industry pros for the smartest, most innovative approaches to thriving in the gig economy: thinkers like philanthropist Melinda Gates, radical altruist Peter Singer, urban theorist Richard Florida, and designer/technologist John Maeda.


The Money Issue also includes stories of ordinary people who are challenging the economic status quo. In “We R Cute Shoplifters,” staff writer Tasbeeh Herwees explores the bizarre underground world of Tumblr’s pro-Sanders, anti-capitalist teen thieves, while senior editor Greg Nichols follows the rise of a female jockey in the ruthless, money-driven, oddly equitable world of horse racing in “The Longshot.” Contributor Kendra Eash’s “Harry Potter and the Curse of the Student Loans” entertains a bleak future for a certain boy wizard who, like so many of us, has learned that not even a magic wand will make your school debt disappear.

I like to think that GOOD is about bold ideas, smart solutions, and practical advice for living well and doing good. Money has to be part of that equation. I hope you enjoy our latest issue (and wish you the best of luck with balancing your checkbook.)

Nancy Miller

Editor in Chief

Articles

Even though marathon running is on the decline, half a million people signed up to participate in the 2020 London Marathon. It seems wild that someone would voluntarily sign up to run 26.2 miles, but those half a million people might actually be on to something. A new study published in the Journal of the American College of Cardiology found that running a marathon can help reverse signs of aging.

Researchers at Barts and University College London looked at 138 first-time marathon runners between the ages of 21 and 69. "We wanted to look at novice athletes. We didn't include people who said they ran for more than two hours a week," Dr. Charlotte Manisty, the study's senior author and cardiologist at University College London, said per CNN.

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via Stu Hansen / Twitter

In a move that feels like the subject line of a spam email or the premise of a bad '80s movie, online shopping mogul Yusaku Maezawa is giving away money as a social experiment.

Maezawa will give ¥1 million yen ($9,130) to 1,000 followers who retweeted his January 1st post announcing the giveaway. The deadline to retweet was Tuesday, January 7.

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Business
via David Leavitt / Twitter

Anyone who has ever worked in retail knows that the worst thing about the job, right after the pay, are the unreasonable cheapskates who "want to talk to your manager" to get some money off an item.

They think that throwing a tantrum will save them a few bucks and don't care if they completely embarrass themselves in the process. Sometimes that involves belittling the poor employee who's just trying to get through their day with an ounce of dignity.

Twitter is rallying around a gal named Tori who works at a Target in Massachusetts after she was tweet-shamed by irate chapekate, journalist, and Twitter troll, David Leavitt.

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Business