The Terminal Demise Of Consumer Electronics Through Subscription Services
Open any consumer electronics catalog from around the 1980s to the early 2000s and you are overwhelmed by a smörgåsbord of devices, covering any audio-visual and similar entertainment and hobby nee…
When you factor in all the data points, we have an anxious workforce, a business sector seeking opportunity in inflation, and an avalanche of bad policy bearing down on everyone.
Chatbots undermining the Enlightenment ⊗ Flounder mode ⊗ Learners will inherit the earth
No.366 — Interviews with Brian Eno ⊗ Future Imaginaries: Indigenous Art, Fashion, Technology ⊗ Transcribing eyeglasses put subtitles on the world ⊗ NASA satellite may be destroyed on purpose ⊗ Deep sea cables that power the world
Back to Basics Series: The Velocity of Money (with Ann Pettifor)
If you’ve ever wondered why the economy feels stuck, even when it seems like there's a lot more money in the system, this episode will blow your mind.
Political economist Ann Pettifor joins Nick and Goldy to explain why money isn't flowing like it used to, and why that matters. Over the last century, the velocity of money (how quickly a dollar circulates) has plummeted. Today, each dollar in circulation generates up to 70% less economic activity than it did just ten years ago, so it's not being circulated through the local economies, growing wages and building small businesses with each transaction. Instead, new dollars are just frozen in place.
The culprit? Excess money sitting at the top—hoarded by the wealthy and corporations instead of getting spent.
Pettifor shows that taxing the rich isn’t just fair—it’s pro-growth. Redistribution accelerates the velocity of money, unleashing demand, expanding markets, creating jobs, and ultimately boosting prosperity for everyone. If you’re ready to reclaim the economy from its top-down chokehold, this back-to-basics episode isn’t optional—it’s essential.
[Outliers] Sol Price: The Godfather of Costco, Walmart, and Modern Retail
Sol Price is the most influential retailer you've never heard of. A man who never sought the spotlight, but whose legacy and lessons cover the entire landscape of modern retail.
I wrote the original version of this post for the March 2018 issue of Linux Journal. You can find it here. Since images from archival material in the magazine no longer load, and I want to update t…
At Foundation for Economic Education, Patrick Carroll (“Responding to Reich, Part 10: How to Have Infinite Growth on a Finite Planet,” Feb. 18) Patrick Carroll attempts to explain why critics of capitalism are wrong to say that infinite growth is impossible on a finite planet. As for the idea of infinite growth on a finite...
Dictators love a crisis. “For reasons of both personality an...
Dictators love a crisis. “For reasons of both personality and political ambition, Trump needs a crisis to govern — or rather, to rule. And if the actual conditions of reality will not give him a state of exception, he’ll create one himself.