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Created
Tue, 05/05/2026 - 22:00

At 9:03 a.m., Ms. Delgado makes the mistake of asking the class what their parents do for work.

“Dentist,” says Maya.

“Firefighter,” says Liam.

“Bus driver,” says Emma.

Oliver raises his hand. “My dad mines crypto.”

Ms. Delgado nods politely, the way adults do when they encounter a sentence they hope will not require follow-up questions.

Unfortunately, Sophie raises her hand. “What’s crypto?”

Ms. Delgado considers saying she doesn’t know. Instead, she says, “Imagine everyone has stickers.”

The class brightens immediately. Stickers are a language they understand.

“Everyone gets ten stickers,” Ms. Delgado says, drawing circles on the whiteboard. “You can trade them with each other.”

Oliver nods approvingly. “Yes,” he says. “That’s like crypto.”

“Great,” says Ms. Delgado. “So if Liam wants one of Maya’s stickers, he gives her something for it.”

Liam raises his hand. “What if Maya says she never gave me the sticker?”

Created
Tue, 05/05/2026 - 18:00
Will Banks and Kemal Erçevik When extreme weather hits, households typically turn to insurers to cushion the financial blow. But rising temperatures and greater exposure in high-risk areas could test the insurance sector’s capacity to absorb such losses. As the Financial Policy Committee has highlighted, climate change could create insurance protection gaps, leaving households vulnerable … Continue reading Opening the floodgates? Modelling spillovers from flood insurance protection gaps to UK mortgages
Created
Mon, 04/05/2026 - 23:57
Displacement … is not the only problem: the identity politics model of recognition tends also to reify identity. Stressing the need to elaborate and display an authentic, self-affirming and self-generated collective identity, it puts moral pressure on individual members to conform to a given group culture. Cultural dissidence and experimentation are accordingly discouraged, when they […]
Created
Mon, 04/05/2026 - 22:00

“We spoke with voters who cast their ballots for Mr. Trump and said they were disappointed with his second term. A few said they even regretted their votes.”
New York Times

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MODERATOR: In one or two words, finish this sentence: “I’m feeling ‘blank’ about the Empire these days, now that the galactic superweapon I willingly supported hovers overhead.”

Created
Mon, 04/05/2026 - 16:31
The income and wealth inequality that continues to grow in most advanced nations has led to some new terminology being introduced into the lexicon of economic terms, the – K-shaped economy: When growth moves in two different directions. When this pattern of growth is identified you know how far out of kilter the world has…
Created
Mon, 04/05/2026 - 01:00

A surprisingly agreeable and wholesome discussion with Alastair Campbell and Rory Stewart on their THE REST IS POLITICS podcast. I wish there were more opportunities for political adversaries to engage in discussions such as this one. In this episode we begin by discussing RAISE YOUR SOUL, my latest book on the five women who taught […]

The post On The Rest Is Politics, with Alastair Campbell and Rory Stewart: From the 2008 Crash to the Rise of Populism appeared first on Yanis Varoufakis.