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University of Tennessee law professor Maurice Stucke, author of “Breaking Away: How to Regain Control Over Our Data, Privacy, and Autonomy” has been critical as tech firms have grown into giant “data-opolies” profiting from surveillance and manipulation. In a conversation with the Institute for New Economic Thinking, he warns that legislative inaction and wider government complicity in this surveillance are eroding fundamental rights to privacy along with the ability of federal agencies to regulate Big Tech.

Lynn Parramore: Concern over privacy is increasing right now, with people worrying about different aspects of the concept. Can you say a bit about what privacy means in a legal context? With the digital revolution, privacy obviously means something different than it did 50 years ago.

Why it lacks resilience, and What will take its place Paper presented on July 11, 2022 to The Ninth South-South Forum on Sustainability. THE COLLAPSE OF MODERN CIVILIZATION AND THE FUTURE OF HUMANITY. The greatest challenge facing societies has always been how to conduct trade and credit without letting merchants and creditors make money by Continue Reading

Supporting mothers could increase their labor force participation, and researchers have found that closing income and other gender gaps could add to GDP.

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Few dispute that there can be no green transition without a greening of finance. Yet, the greening of finance drags on and on. In fact, estimates suggest that current practices in the financial sector have us headed for temperature increases two-fold larger in magnitude than those aimed for with the Paris agreement. In this predicament, might a way forward be to engage central banks in fostering the much-needed greening of finance?

I use word frequency to study the rise and fall of capitalist ideology.

The post Have We Passed Peak Capitalism? appeared first on Economics from the Top Down.

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Here’s a thought...

Doctor Who is always an imperfect shadow of the perfect, ideal image of the programme you have in your head.

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As always, if you find value in this work I do, please consider helping me keep it sustainable by joining my weekly newsletter, Sparky’s List! You can get it in your inbox or read it on Patreon, the content is the same.

Howdy, folks! Today we will be heading down south to the Atlanta suburbs to view what may be the most yassified house in existence.(The quality of the photos is proportional to the quality of the estate, my apologies.) Also, special thanks to my friend Kristjan who contributed to finding the house and also some of the captions (fondue machine all was him.)

Built smack dab in the Pimp My Ride era (2007) it’s got 8 bedrooms and 8.5 bathrooms, totaling a completely reasonable and not at all absurd 17,500 square feet. $7,750,000, it’s up there as one of the more expensive houses on the blog in its six (6!!) years. (Happy Birthday McMansion Hell!)

Without further ado:

His political career has consisted of chucking rocks over the walls of the neighbours. We will live with the damage for years

It seems rather apt that Boris Johnson pocketed a huge advance from a publisher for a book about William Shakespeare but never got round to writing it. Johnson’s rise and fall hovers between cheap farce and theatre of the absurd. It has none of the grandeur of tragedy. The only line of Shakespeare’s that came to mind at his political demise was the first bit of Mark Antony’s elegy for Julius Caesar: “The evil that men do lives after them”. If the good that Johnson did in his public life is to be interred with his bones, the coffin will be light enough. But the evil will weigh heavily on the coming decades.

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A presentation to the Building bridges around David Graeber’s legacy conference, Paris, Friday July 7, 2022 It may seem strange to invite an economist to give a keynote speech to a conference of the social sciences. Economists have been characterized as autistic and anti-social in the popular press for good reason. They are trained to Continue Reading

A persistent regime of low wages may determine very negative long-term consequences on the economy.

Stagnating real wages may have contributed to the slowdown of US productivity

In much of the advanced world, we have witnessed at least three decades of stagnating real wages and massive reductions in the labor share in income. Many analyses have documented these trends, reflecting on their causes and effects from very different standpoints. In the US economy, where the trend toward wage stagnation seems to be particularly strong, it goes together, according to Temin (2015), Storm (2017), and Taylor and Ömer (2020), with a ‘dualistic’ tendency of the economy, with growing polarization between a limited number of high-wage and high-productivity sectors and a growing mass of workers employed in low-productivity and low-wage sectors. Wage stagnation, Taylor and Ömer (2020) note, is also the basis of the growing inequality in personal and family incomes recorded in the USA as well as in many other societies.

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We are in the midst of another global transformation, but this time we might have the tools to get it right.

Self-education can help with personal finance knowledge deficits, which can be more pronounced for women, Economic Education Officer Mary Suiter says in an opinion piece.