Artificial Intelligence and Financial Stability
On the high odds of winding up with the Peter Principle of AI implementation in financial institutions, and what to do to prevent that.
Read more...Category Archives: Guest Post
Hottest January in the History of Januaries
A fresh sighting on the relentless march of climate change, with the January just past the warmest on record.
Read more...2:00PM Water Cooler 2/5/2025
~ Today’s Water Cooler: Politics, Syndemics; DOGE: New lawsuit from Public Citizen on DOGE data “access”; DOGE goons have write access to Treasury’s payments system (Tankus, Wired, Marshall, but not Taibbi) ~
Read more...The Mass Deportation Handoff, Biden to Trump
Despite Trump’s enthusiasm for rough treatment of illegal immigrants, growth of the deportation industrial complex has been a two-party affair
Read more...Michael Hudson: Trump’s Tariffs Could Cause Huge Global Crisis
Michael Hudson and Ben Norton take a deep dive into Trump’s contradictory and potentially disastrous economic plans, starting with tariffs.
Read more...Trump Commits to Ethnic Cleansing in Gaza
Trump and Netanyahu have gone all in on ethnic cleansing in Gaza.
Read more...Rob Urie: To End Oligarchy, End Finance Capitalism
One prescription for rolling back oligarchy.
Read more...What Just Happened to UK TBTF Lender Barclays’ Online Banking Services, and What Could It Mean for the Wider World?
“[W]e have this house of cards where you’ve got an awful lot of institutions working co-operatively with each other, but if one messes up the system, then the whole system fails.”
Read more...AI’s Impending Information Crisis
AI coverage whistles past the graveyard of its lack of enough content to generate good output, assuring garbage in, garbage out.
Read more...Tankus and Kelton on Musk’s DOGE Seizing Treasury’s Payments Chokepoint. But Where Are The Lawyers?
What attack surfaces does DOGE present?
Read more...How Do We Get Competent Politicians?
Richard Murphy argues that all prospective UK parliamentarians and councillors should have to take an exam to prove their competence.
Read more...Meditation and Mindfulness at Work Are Welcome, but Do They Help Avoid Accountability for Toxic Culture?
An update on corporate efforts to deploy seemingly beneficial practices like meditation for their benefit.
Read more...Will It Matter Who Wins Germany’s Upcoming Election or Will Country’s Fate Largely Be Decided in Washington?
If Germany stays under the thumb of Washington and living standards continue to decline under a new government, what happens then?
Read more...Migrant Vendors Park Carts as Their American Dreams Slip Away
Enforcement was already rising. Under Trump, street vendors have gone into hiding to avoid criminal tickets that could make them ICE targets.
Read more...Book Bans
A look at a historical example of a concerted book ban to assess its effectiveness and long-term impact.
Read more...