Support 100 years of independent journalism.

  1. Business
18 May 2012

Other people’s business, Friday 18 May

Facebook witch hunt and for-profit prisons.

By New Statesman

1. Facebook tax witch hunt looks in wrong place (Reuters)

There’s outrage on Capitol Hill about one tangential aspect of Facebook’s initial public offering, writes Richard Beales.

2. The Economics of For-Profit Prisons (Freakonomics)

The perverse incentives for sheriffs to keep inmate numbers high

3. The looming problem for Madison Avenue (Financial Times)

Sign up for The New Statesman’s newsletters Tick the boxes of the newsletters you would like to receive. Quick and essential guide to domestic and global politics from the New Statesman's politics team. The best of the New Statesman, delivered to your inbox every weekday morning. The New Statesman’s global affairs newsletter, every Monday and Friday. A handy, three-minute glance at the week ahead in companies, markets, regulation and investment, landing in your inbox every Monday morning. Our weekly culture newsletter – from books and art to pop culture and memes – sent every Friday. A weekly round-up of some of the best articles featured in the most recent issue of the New Statesman, sent each Saturday. A weekly dig into the New Statesman’s archive of over 100 years of stellar and influential journalism, sent each Wednesday. Sign up to receive information regarding NS events, subscription offers & product updates.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy

The travails of old media businesses are well-known but I’m starting to feel sympathy for advertisers and media buyers, writes John Gapper.

4. How ‘Taxmageddon’ would affect the U.S. economy (Washington Post)

What will the economy look like in 2013? A great deal depends on what Congress decides to do at the end of this year, writes Brad Plumer.

5. Samsung investors should worry less about Apple (Reuters)

Samsung investors are worrying too much about Apple, writes Wayne Arnold.