> Cashless society is a bank-controlled society. “We must recognise every cash machine that is shut down as another step in financial institutions’ campaign to nudge you into their digital enclosures” — by Brett Scott, an author of an upcoming Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets
> On Joseph Schumpeter’s two theories of imperialism in the context of monopolistic capitalism thesis — by Branko Milanović, an author of Capitalism, Alone: The Future of the System That Rules the World
> While 82% of economists claim that arguments should be evaluated on the content only, Javdani Mohsen’s study show the exact opposite: they’re strongly influenced by the ideologies of economists attributed to these arguments.
> “Humans are becoming “algorithm chow,” in that the data that we generate feeds the algorithms in companies such as Amazon, that in turn use our ‘data food’ to track and profile us, and use our footprint for surveillance” — by Sally Applin
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> “Is capitalism really like Plato’s cave? Capitalist ideology throws our economic reality into the shadows, but much of that reality is perfectly visible—even if it often seems there is no alternative to it” — Bruce Robbins’ reflections based on Slavoj Zizek’s Reading Marx and Mike Davis’ Old Gods, New Enigmas
> Cryptocurrency: the future of money, speculative bubble, or something else? Nigel Dodd, Natacha Postel-Vinay, Garrick Hileman, and Tatiana Cutts discuss these questions from various academic angles on this 35 min podcast.
> Ideas and law matter. To foretell the future of the new field in which decentralized governance protocols set the terms for lending and borrowing, one should look to the past financial engineering waves in traditional markets — by Michael Casey, an author of The Truth Machine: The Blockchain and the Future of Everything
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Excellent discussion of Schumpeter on Imperialism