Universal Basic Income and Minimum Wages: Progressive or Regressive?
How plans for a universal basic income differ, and what that means in terms of probable results.
Read more...Category Archives: Technology and innovation
TSB Are Using Their Own Customers to Alpha Test Their New IT Platform
The mess at TSB is even worse that the press would have you believe.
Read more...TSB’s IT Fiasco and Some Implications for Banks’ Legacy Systems
A hard look at the continuing IT disaster at UK bank TSB.
Read more...TSB Train Wreck: Massive Bank IT Failure Going into Fifth Day; Customers Locked Out of Accounts, Getting Into Other People’s Accounts, Getting Bogus Data
An epic IT disaster at the UK’s TSB illustrates how fragile banking systems are.
Read more...Disruptive Finance Huffing and Puffing Won’t Blow Big Bank Houses Down
Why newfangled finance will not have much impact on the banking industry.
Read more...Facebook, Privacy, and the Use of Data
The US press and punditry has been tip-toeing around the real problem with Facebook: that it has monopoly power.
Read more...The Curious Case of the F-35
Hilarious examples of the F-35 program’s ongoing difficulties, and imperialism vs. militarism as an appropriate frame.
Read more...Monopoly Capitalism: At The Breaking Point?
Michael Hudson discusses monopoly capitalism on the Laura Flanders show.
Read more...Remote-Controlled Self-Driving Cars: Unworkable Technology for Unproven Technology
Debunking a scheme to reduce the risk of self-driving cars: remote control operators.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Fourteen: The New Yorker Lays Out the Template for Pro-Uber Propaganda
Dissecting the New Yorker’s fawning profile of new Uber CEO Dara Khosrowshahi.
Read more...Gaius Publius: Stephen Hawking on What Killed the World of the Jetsons. Prelude to Thoughts on a Guaranteed Jobs Program
Hawking showed a not-surprisingly acute grasp on the implications of technological unemployment.
Read more...Wolf Richter: Collapse of Cryptocurrencies in Q1 – Even the Biggest Crashed 67% to 88%
Cyrptocurrencies’ wild ride is looking more and more like a skydive with no parachute.
Read more...Tesla Encounters the Material World
The likely failure of Tesla’s hyper-automated manufacturing process, and the externalities of battery fires in electric vehicles.
Read more...Gaius Publius: How to Turn Off Third-Party Data Access to Your Facebook Account
A how-to for people who can’t give up on Facebook but want to reduce their snooping exposure.
Read more...Bank Enthusiasm for Blockchain Waning
Blockchain hype is finally meeting commercial realities.
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