Piketty: the poorest half of Americans saw a "total collapse" in their share of the country's wealth

In a new analysis of the World Income Database published by the National Bureau of Economic Research, Thomas Piketty and colleagues from the Paris School of Economics and UC Berkeley, describe a "collapse" of the share of US national wealth claimed by the bottom 50% of the country -- down to 12% from 20% in 1978 -- along with an (unsurprising) drop in income for the poorest half of America. Read the rest

UK's Digital Economy Bill is a gift to copyright trolls, with 10 years in prison for watching TV the wrong way

Jim from the UK Open Rights Group writes, "Why has the UK's Digital Economy Bill been drafted to criminalise file sharing and minor online copyright infringements? The government said they just wanted to bring online infringement into line with 'real world' fake DVD offences. However, that isn't how they offence is drawn up: and the government has now been told in Parliament twice that they are both criminalising minor infringements and helping copyright trolls." Read the rest

Anti-Trident activists poster London with "Become a Suicide Bomber" spoof naval recruiting ads

Artist Darren Cullen (previously) created the posters, which read, "The crew of our nuclear submarines are on a suicide mission. To launch their missiles means death is certain, not just for them, but for the millions of innocent people those bombs will obliterate, and for the rest of us too." Read the rest

Waterstones, the UK's national bookstore, came back from near-death by transforming into indie, local stores

Waterstones was at death's door when it was purchased by Russian billioniare Alexander Mamut, who hired James Daunt -- an investment banker who'd founded the successful, six-store Daunt Books -- to run the chain. Read the rest

It used to take 3 years for a British family to save for a home down-payment; now it takes 20 years

The Resolution Foundation's Living Standards 2017 is an eye-opening look at the current state of the British experiment in allowing wealth inequality to expand without any check, to use a combination of austerity, the elimination of protection for tenants, reckless lending, offshore money-laundering and public subsidies for speculators to turn the human necessity of shelter into the nation's leading asset-class. Read the rest

1.278 million Britons petition Parliament to block Trump's state visit, but Theresa May refuses (so far)

A Parliamentary petition to rescind the invitation for Donald Trump to make an official state visit has received nearly 1.3 million signatures in a matter of days, making it the fastest-growing such petition in Parliamentary history. Read the rest

White House confuses Theresa May, UK Prime Minister; with Teresa May, porn star

The White House's official schedule for UK PM Theresa May's state visit misspells the PM's name in three places, referring to her as "Teresa May," a soft porn star, model and musician. (Image: Charnwood Publishing Co Ltd) Read the rest

Brexit, Chicken and Ulysses Pacts: the negotiating theory behind the UK-EU stalemate

Ever since Thomas Schelling -- an advisor on Dr Strangelove! -- published his work on negotiating theory and nuclear deterrence, we've developed a rich vocabulary for describing negotiating tactics and their underlying theories. Read the rest

Britons: don't let Trump mine your data

Charlie from Open Rights Group writes, "'I have made it clear in my campaign that I would support and endorse the use of enhanced interrogation techniques.' - Donald Trump, 15/2/2016." Read the rest

Accounting fraud admission wipes £5.5b off BT's valuation

The former UK national phone company BT announced that it's writing down the value of its Italian operation by £530m because it has been committing accounting fraud for years, triggering a mass sell-off of its shares, wiping £5.5b off the company's valuation. Read the rest

Bristol cops mistake their own race relations advisor for a suspect, taser him in the face at the gate of his home

Judah Adunbi is a 63-year-old black man who lives in Bristol, England, where he volunteered as chairman of the independent advisory group on race relations; police confronted him while he was walking his dog in front of his home on Saturday. When he refused to show them ID, they tasered him, sending him crashing to the ground, cracking his head on the pavement. Then they charged him with "assaulting a constable in the course of his duties." Read the rest

Germany, France and the UK are moving the EU to continuous, unaccountable, warrantless mass surveillance

Recent surveillance laws in Germany, France and the UK require online service providers to store (undoubtedly leaky and infinitely toxic) databases of everything you do online, and allow government agencies to raid these databases without accountability or meaningful oversight). Read the rest

Liberty is crowdfunding a lawsuit to challenge the Snoopers Charter

Liberty UK and The Civil Liberties Trust are raising funds online to fund high-stakes litigation against the UK government over the Snoopers Charter, a mass-surveillance law that requires tech companies and telcos to retain everything you do online and hand it over to government, law enforcement, and private contractors without warrants or even minimal record-keeping. Read the rest

One year 40% HIV infection dropoff in London attributed to grey-market generic pre-exposure prophylaxis drugs

Taking pre-exposure prophylaxis drugs like Truvada before having unprotected sex with HIV+ people can significantly reduce the risk of infection (the drugs can also be taken after potential exposure); though this use is approved in England, the NHS does not yet cover Truveda prescriptions, so people who wish to take the drug are expected to pay £400/month. Read the rest

24 hours of the BBC's Radio Four, in four minutes

Jake Yapp is a British comedian who specialises in doing high-speed summaries of pop culture phenomena, like this Radio Four in 4 Minutes sketch, which is a work of genuine genius, especially the radio drama bits. Read the rest

Laser-cut, wall-mounted Millennium Falcon clock

The $38 Millennium Falcon wall clock is handmade to order from plywood, birch and MDF by Hamstercheeks in Nottingham, UK, who uses a laser-cutter to turn orders around in 2-5 business days (the clock itself is an AA-powered quartz sweep movement). (via Geekymerch) Read the rest

The average FTSE 100 boss earns as much in 2.5 days as his (yes, his) median employee earns in a year

The great recession and austerity have been very good to the chief executives of Britain's biggest companies: according to the High Pay Center, the average compensation for FTSE 100 CEOs rose 10% in 2015, to £5.5m -- meanwhile, UK workers' wages have stagnated year on year, averaging £28,200. Read the rest

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