Dark Leviathan
Here is a fascinating essay on the demise of Silk Road and what it says about libertarian fantasies.
Debunking Money Myths
Here’s an excellent article on the history of money and the foundations of Modern Monetary Theory. Highly recommended!
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America – land of the predatory monopolies
Will Hutton of The Guardian writes about the diverging directions of the American and European economies, and he attributes it to our broken campaign finance system: Both at federal and state level ever higher campaign donations are correlated with ever fewer actions against monopoly, price fixing and bad corporate behaviour. The results should be familiar
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Whose good economy?
Stable Genius Trump likes to brag about the stock market, but that is not a good measure of how well the economy is doing. Joseph Stiglitz explains that Trump deserves a failing grade on economic matters.
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Bipartisan Myths
Thomas Mann and Norman Ornstein write about five myths about bipartisanship. You probably subscribe to some of them.
Motley Fools
One would think that anyone who makes their living writing about money and finances would know all about those subjects. And one would be wrong. Today’s exhibit: The Motley Fool I admit that the Fool has lots of good advice about money and finances, but they appear to be quite ignorant when it comes to
Randall Wray interview
Randy Wray presents some good information in this interview, but he also expended energy correcting poorly or incorrectly framed questions from the interviewer.
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Naivete or incompetence?
This article is a scathing indictment of Chuck Todd’s malpractice on NBC and “Meet the Press”. But if there’s only one passage you take with you, I suggest this one: In reality [Kellyanne Conway] had made a grave announcement. The nature of the Trump government would be propagandistic. And as as Garry Kasparov observes for
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What truth?
I’ve enjoyed many Clint Eastwood movies and consider him an excellent director and storyteller. That’s why I’m so disappointed with what he did in his latest movie about Richard Jewell. Movies based on true events are not documentaries and often embellish, omit, synthesize or otherwise distort details, sometimes for dramatic effect, sometimes for time’s sake
Can our republic be saved?
Yes, we can impeach the President, but will that be enough. Dana Milbank describes our bleak reality.
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Free speech?
The Supreme Court, the ultimate guardian of the First Amendment, sometimes seems cavalier about the First Amendment.
Incompetence or malice?
An adage I’ve long enjoyed is this one: Never attribute to malice that which can be explained by incompetence. I think it’s better to assume mistakes are not malicious. Everyone makes mistakes, and everyone has areas of incompetence. Assume the best before assuming the worst. But there’s another adage I like: Once is accident, twice is
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The threat of SIM swapping
The Wall Street Journal has a good article on the dangers of SIM swapping and how you can protect yourself.
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The End of Neoliberalism? We can only hope.
Joseph Stiglitz on ending neoliberalism: “Neoliberalism has undermined democracy for 40 years. … Neoliberalism will literally bring an end to our civilization.”
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The Next Great Transformation
What will it take to address the two existential challenges – climate change and nuclear weapons – that threaten the survival of the human race? It starts with new thinking in economics and undoing the financialization of the world economy. James Galbraith explains.
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4 Easy Changes to Reclaim Your Online Privacy
FastCompany has these 4 easy ways to reclaim your online privacy. I recommend all of them.
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Could you be a target for cybercrime?
Fidelity provides this excellent overview of the things you should be doing to stay safe online.
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Comcast fears DNS encryption
Comcast is whining about Google’s plans to encrypt DNS traffic. Google’s approach has valid technical criticisms, but Comcast is mostly worried about losing access to its customers’ browsing histories.
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Inside China’s Gulags
This story from Haaretz, an insider’s account of the crimes being committed inside China’s reeducation camps, is not easy to read, but please do read it. The Chinese government calls it a fabrication. I don’t believe the Chinese government.
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The insanity of austerity
Isabel Ortiz and Matthew Cummins write about the insanity of austerity. Calling it “insanity” is somewhat misleading. Austerity is accomplishing exactly what it was designed to do – consolidate wealth and power in the hands of the few with no regard whatsoever for anyone else. It’s class warfare, pure and simple, but most of those
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