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...Search Results for: Can Uber Ever Deliver
New Zealand, Fresh From Its Service to Mexican Drug Lords, Helps Out the Russian Mafia
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...Albert Edwards: Market Still Deluding Itself That It Can Escape The Inevitable Denouement
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...Hoisted From Comments: Has Neo-Liberalism Failed to Deliver the Goods?
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...Naked Capitalism: An Incomparable Educational Institution
How Naked Captialism helps you learn to see through charlatans like mainstream economists.
Read more...Links 8/24/19
2:00PM Water Cooler 6/21/2017
Today’s Water Cooler: Dems deploy Blame Cannons for Ossoff loss, Kalanick defenestrated, London Whale, housing, shipping/retail concentration
Read more...Gaius Publius: Finding the Greater Fool — The Elite Logic Behind “Going Over the Climate Cliff”
How the Secena Effect explains climate change apathy among the elite.
Read more...Links 5/2/2025
Michael Hudson and Yanis Varoufakis with Ann Pettifor on Economic and Political Paradigm Changes
The formidable trio of Michael Hudson, Yanis Varoufakis, and Ann Pettifor assess the rapid changes in our economic system.
Read more...Coffee Break: The Current State of Science During Trump v.2.0 Plus One Signal Advance
As someone who has spent most of his working life as a scientific worker and later as an academic scientist, graduate supervisor, teacher, grant reviewer, and administrator, the current devastation being visited upon my colleagues and their institutions is sickening. I have never thought my work was more useful or more important than anyone else’s. […]
Read more...Links 3/31/2025
Will Russia Expand Its Ground Campaign Into Sumy, Dniepropetrovsk, and/or Kharkov Regions?
Where might Russia take the Ukraine conflict next?
Read more...MAHA Three Card Monte? Decision to Axe Advisory Groups Could Spell Trouble for US Food Safety
Concerns that RFK Jr.’s MAHA may set back food safety, particularly with regard to pathogens.
Read more...Leadership in the Senate: New Boss Same as the Old Boss?
Following the money shows why Republican Senate leader Mitch McConnell’s shadow will last long beyond his tenure.
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