Saturday, October 5, 2024

Bill Black: Facebook’s Libra Currency Monetizes Identity and Threatens Privacy

Bill Black discusses Feacebook’s new proposed crypto-currency, called “Libra.” Facebook could use this technology to standardize identity and create a world of ultimate surveillance, and then profit from it.

Deutsche Bank Throws in the Towel, Announces Restructuring into Bad Bank/Good Bank, Firing of 18,000

The beginning of an end for Deutsche Bank.

The Myth of Expansionary Austerity

If you hold mainstream economic views, it was too good to be true: Another effort to vindicate austerity falls victim to flawed methodology.

Reforestation as a Solution for Carbon Capture: Hype and Reality

Advocates for reforestation must consider who owns the land to be reforested, and how the reforestation is to be done.

Links 7/7/19

Philadelphia Explosion One in String of ‘Near Miss’ Accidents at Refineries Using Deadly Chemical

Accounts emerging from workers and others on site paint a troubling picture of how close to disaster Philadelphia may have come.

Links 7/6/19

Kip Sullivan on Why the Bernie Sanders Bill Is Not Single Payer

Jon Gruber’s shabby legacy lives on.

Should We Tax Wealth?

Kicking the tires of a wealth tax.

2:00PM Water Cooler 7/5/2019

Today’s Water Cooler: Open Thread

Farewell, Flat World

A new world is emerging, in which it will be much harder to separate economics from geopolitics

The Global Capital Flows Cycle and Its Drivers: Not Only a US Monetary Policy Story

Financial shocks matter more than US monetary policy. Domestic policies may still mitigate the cycle of global capital flows at the country level.

Links 7/5/19

Ilargi: Memo to the US – The Winds Are Shifting

Why the US looks like it has a glass jaw.

I Think, Therefore I Know: San Francisco Edition

The weird new normal of who gets to say they know better.