The Plutonomy—AI Edition—and the Coming Crisis
Driven by speculative finance, stagnant wages, and AI hype, today’s tech-heavy economy mirrors the fragile plutonomy that collapsed into the Great Crash of 1929.
This is the text of a speech Frank Ackerman, economist and one of the founders of Dollars & Sense, wrote
Worst-Case Risks vs. Least-Cost Solutions
Almost all the online search pieces regarding German decommissioning of nuclear power plants say it is too expensive, does not produce any benefits, and is generally a disaster in the making. Your thoughts would be greatly appreciated. --Julia Willebrand, New York, N.Y.