Matt Stoller: How Uber Creates an Algorithmic Monopoly to Extract Rents
We are not setting the price. The market is setting the price. We have algorithms to determine what that market is.<
Read more...We are not setting the price. The market is setting the price. We have algorithms to determine what that market is.<
Read more...It appears that New Zealand’s company incorporation regime has soiled itself, lavishly, again. This time, the Russian mafia appear to be involved.
Read more...Normally, I don’t reproduce or excerpt from John Mauldin’s popular e-newsletters, but today he features a writer I particularly like, uber bear Albert Edwards of Societe Generale. To repurpose an old saw about pessimists, bears are bulls who have all the facts. Some of Edwards’ arguments, while well documented, aren’t new: employment stinks, the forward-looking […]
Read more...Reader Juan provided a well-argued and provocatively-worded critique of so-called market fundamentalism yesterday that I thought would provide grist for thought and discussion. The main argument in favor of less regulated commerce, both domestically, in the form of deregulation, and internationally, via more liberal trade regimes, is that it generates higher growth. Juan argues that […]
Read more...How Naked Captialism helps you learn to see through charlatans like mainstream economists.
Read more...Today’s Water Cooler: Dems deploy Blame Cannons for Ossoff loss, Kalanick defenestrated, London Whale, housing, shipping/retail concentration
Read more...How the Secena Effect explains climate change apathy among the elite.
Read more...A Twitter post gives a credible forecast of the intensification of censorship that is in store if the US directly attacks Iran.
Read more...Part the First: Who Will Supplant the United States in Scientific Research? Before going any further in answer to The Rev Kev’s suggestion from last week, it is important to note that while the US currently remains the acknowledged leader in scientific research, this is a matter of quantity as much as quality. Other countries […]
Read more...Parsing emerging information on the Israel campaign against Iran, and Iran’s initial response.
Read more...President Trump deploys National Guard and US Marines to Los Angeles in support of ICE. Gavin Newsom files suit in opposition. Waymos burn.
Read more...Some geopolitical aspects of how Trump’s mazimixation of his personal power comes at the expense of the US
Read more...Anti-Russia mania deepens as CDU-led coalition ties future economic health of country to war industry.
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