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David Dayen

David Dayen
David Dayen is a freelance writer based in Los Angeles, California. Follow him on Twitter @ddayen

Recent posts

You Don't Know America

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Banks Don’t Do Much Banking Anymore—and That’s a Serious Problem

As hedge funds, private equity firms, and other asset managers that make up the shadow banking system gradually take over the role of lending, their risks—and the borrowed money they use to make them—are largely shielded from view.

Economics Essays

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How a Frustrated Blogger Made Expanding Social Security a Respectable Idea

Thanks to decades of stagnant wages and the Great Recession, more than half of American working-class households are at risk of being unable to sustain their standard of living past retirement. Duncan Black is trying to change that.

 

housing-crisis

Will Rising Mortgage Rates Put an End to the Housing Recovery?

Rising rates will obviously send monthly payments higher, but they’ll also affect the market in a more unusual way: They’re going to hurt all-cash investor purchases of housing, which have been a boon to the most distressed markets.

 

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Is California About to Embark on a Gigantic New Experiment in Public Education?

Jerry Brown’s education plan asks, “Why not just give poor schools more state money—and authority over how to spend it?” His idea mirrors some of the most promising new theories of global development.

 

Capitol Building

The Strange Game Theory of the Sequester

The Obama administration wants the sequester to hurt immediately so the public will clamor for its reversal. But will this gambit work? Probably not.

 

(PHOTO: TOMASZ SZYMANSKI/SHUTTERSTOCK)

Signed, Sealed, Deposited

How to save the Postal Service—and protect ordinary Americans from financial predators—in one easy step: bring back postal banking!

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My Politicians Are Better Looking Than Yours

A new study finds we judge the cover by the book—or at least the party.

That Cigarette Would Make a Great Water Filter

Clean out the ashtray, add some aluminum oxide, and you've (almost) got yourself a low-cost way to remove arsenic from drinking water.

Love and Hate in Israel and Palestine

Psychologists find that parties to a conflict think they're motivated by love while their enemies are motivated by hate.

How to Water a Farm in Sandy Ground

Physicists investigate how to grow food more efficiently in fine-grained soil.

Unlocking Consciousness

A study of vegetative patients closes in on the nature of consciousness.

The Big One

One company, Amazon, controls 67 percent of the e-book market in the United States—down from 90 percent five years ago. September/October 2014 new-big-one-5

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