Best Business Commentary
Forget parking all your money in one bank, says Jonathan Clements in The Wall Street Journal. Fashion designers are taking a hit from knockoffs, says Gioia Diliberto in the Los Angeles Times, but piracy is necessary for their survival.
ilking the banks
Forget parking all your money in one bank, says Jonathan Clements in The Wall Street Journal. For optimal “cash management, 2007-style,” you’ll want to “cherry-pick” the best accounts from different banks. The goal is “sidestepping fees, piling up credit-card rewards, earning extra interest, and building a great credit score.” First, look for a “no-fee, no-interest checking account” with no minimum balance. Next, pick a savings account that offers 4 to 5 percent interest. Finally, carefully choose a no-fee credit card that offers cash back or other rewards. But “be careful not to overspend” -- the charges will wipe out your work.
Fashion’s knockoff paradox
Fashion designers are taking a hit from knockoffs, says Gioia Diliberto in the Los Angeles Times, but piracy is necessary for their survival. It speeds up the fashion cycle. This “piracy paradox” isn’t stopping U.S. designers from pushing a bill that would give “original” designs “the same legal protection that writers have for their books,” but that would be counterproductive. Are courts really equipped to judge if “a neckline or a hem is original?” Regardless, “it seems absurd to copyright any dress that doesn’t have a novel printed on it.”
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- Why you should stop believing in evolution
- Why China thinks it could defeat the U.S. in battle
- The secret to handling pressure like astronauts, Navy SEALs, and samurai
- What would a U.S.-Russia war look like?
- How Ferguson made conservatives lose faith in the police
- What you need to know before you support the police in Ferguson
- 7 grammar rules you really should pay attention to
- Why I give money to homeless people
- How the West produces jihadi tourists
Subscribe to the Week