David Graeber: Of Flying Cars and the Declining Rate of Profit (via) [more inside]
posted by kliuless on Jun 8, 2012 - 85 comments

The Incentive Bubble (ungated pdf) - "The fraying of the compact of American capitalism by rising income inequality and repeated governance crises is disturbing. But misallocations of financial, real, and human capital arising from the financial-incentive bubble are much more worrisome to those concerned with the competitiveness of the American economy." [more inside]
posted by kliuless on Apr 3, 2012 - 54 comments

The Control Revolution And Its Discontents - "the long process of algorithmisation over the last 150 years has also, wherever possible, replaced implicit rules/contracts and principal-agent relationships with explicit processes and rules."
posted by kliuless on Feb 23, 2012 - 25 comments

Two months after being kicked out by the NYPD in an early morning raid, the Occupy Wall Street protestors have returned to Zucotti/Liberty Plaza to meet new regulations that make protesting all but impossible. Meanwhile, OWS is looking for an accountant and NYC councilman Ydanis Rodriguez wants to donate his 5k stipend to the protestors. Yasha Levine of The Exiled writes about his arrangement hearing after being arrested during the Occupy LA raid and Political Cartoonist and Essayist Tim Kreider releases four essays he wrote during the first occupation of Zucotti/Liberty Plaza, "What OWS Wants" "Capitalism, A Bummer" "An Open Letter To The Tea Party." and "OWS: The Morning After." [more inside]
posted by The Whelk on Jan 12, 2012 - 142 comments

BBC News asks independent trader Alessio Rastani "what would keep investors happy, make them feel more confident?" and gets a surprisingly honest answer: "Personally, it doesn't matter. See, I'm a trader. I don't really care about that kind of stuff. If I see an opportunity to make money, I go with that. So, for most traders, we don't really care that much about how they're going to fix the economy, about how they're going to fix the whole situation; our job is to make money from it. And, personally, I've been dreaming of this moment for three years. I have a confession which is I go to bed every night and dream of another recession, I dream of another moment like this." [SLYT]
posted by finite on Sep 26, 2011 - 235 comments

Dylan Ratigan's Howard Beale Moment (via se) [more inside]
posted by kliuless on Jul 19, 2010 - 35 comments

Basicland vs. Sorrowland
A parable about how one nation came to financial ruin by Charles Munger. For extra colour there's... [more inside]
posted by kliuless on Mar 2, 2010 - 34 comments

Soros lectures
You can slog through the video, but I preferred the transcripts 1 | 2 | 3 | 4 | 5 [more inside]
posted by kliuless on Nov 21, 2009 - 13 comments

I asked Nathan Myhrvold, C.E.O. of Intellectual Ventures and widely considered to be one of the smartest people in technology, if he is brilliant. "If you put yourself in that camp, you might be correct," he teased. "But then, you're also an asshole." The Brilliant Issue profiles Porfolio's picks for best game-changers, upstarts, rebels, connectors and other influencers. [more inside]
posted by Non Prosequitur on May 2, 2008 - 10 comments