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.
Latest news (Page 111)
Intel Says Its Human Rights Were Violated
Taking the concept of corporate personhood to what might be considered its logical extreme, computer chip titan Intel is claiming
Crisis Is Over: For the Wall Street Bonuses
In the second quarter, Morgan Stanley lost $1.26 billion. However, it managed to set aside $3.9 billion for
Unrest in Disneyland
From the Orange County Register: 800 demonstrators march on Disney over labor dispute July 14th, 2009, 6:02 pm posted
Nice Analysis of Complexities of Online Piracy
From The Financial Times: Pirates on parade By Salamander Davoudi and Tim Bradshaw Fiancial Times Published: July 22 2009 03:
Commercial Property Shoe To Drop?
From The Financial Times: US banks warn on commercial property Financial Times By Francesco Guerrera and Greg Farrell in New
2Q Profits: Cost and Tax Cuts>Revenue Loss
From Reuters: Corporate cost-cuts: early gains soon turn to pain? Tue Jul 21, 2009 4:43pm EDT By Nick
Key US Companies Report Strong 2Q Profits
From The Financial Times, again: Profits boost for US industry Financial Times By Hal Weitzman in Chicago and Michael Mackenzie
China To Use Forex Reserves for M and A
From The Financial Times: China to deploy forex reserves By Jamil Anderlini in Beijing Financial Times Published: July 21 2009
What's Your IQ?
Inequality Quotient, that is. Cornell University's Center for the Study of Inequality is offering an online quiz to
Recession Buster
Mark Mueller's motto is "God, Guns, Guts, and American Pick-Up Trucks." The owner of Max
Revisiting Bretton Woods (Literally!)
Want to taste the same four-course meal that John Maynard Keynes enjoyed? You can mark the 65th anniversary of
Jon Stewart on Goldman Sachs
I can't figure out how to embed it here, but the folks at Seeking Alpha did--a great