
Money for Nothing
Why the modern financial sector is better at extracting rents than funding the future.

Why the modern financial sector is better at extracting rents than funding the future.
DOGE has cut millions of dollars’ worth of grants in every state.
Why Nordic countries out-innovate the United States.

The World Bank’s pandemic bonds tried to turn public health crises into speculative opportunities.

At the height of the NFT craze, the cost of some digital art surpassed that of the great masters’.

Contrary to popular belief, many undocumented workers are organized in unions across the US. But ICE’s mass arrests will target these unionized immigrants disproportionately and weaken the hand of labor.

In last night’s New York City mayoral debate, socialist candidate Zohran Mamdani warded off attacks about “defunding the police” by articulating a principled and compelling message on public safety.

Smartphones are making us unhealthy, miserable, antisocial, and less free. If we can’t yet nationalize the attention economy, maybe it’s time to abolish its primary tool — before it finishes abolishing us.

Some European leaders have started to rhetorically distance themselves from Israel — but Denmark’s government hasn’t even gone that far. For all its boasting about its role championing human rights, it turns a blind eye toward Israeli crimes.

A proposed wealth tax on Canada’s richest 0.6% could raise hundreds of billions of dollars — enough to tackle housing, transit, and care. The sheer scale of what a tiny slice of billionaire wealth could fund is staggering.