Why Cryptocurrency Is A Giant Fraud
Speculators might make money on it, but the arguments for its usefulness fail completely.
Articles in Economics (7)
The U.S. Has a Moral Obligation to Forgive the World’s Debts
It’s time for the banks to be the ones tightening their belts for once.
The Taxonomy of Student Debt Arguments
Justice. Harm reduction. Redistribution. Economic growth. Some cases are stronger than others.
Inside the Cryptocurrency Casino
Bitcoin and its imitators were supposed to democratize the world of money. Instead, speculators have gotten rich—and the planet is paying the price.
The Nature of Money
Calculating a poor person’s wealth is a science. For a rich person, it’s an incredibly abstract art.
How Billionaires See Themselves
Reading the dreadful memoirs of the super-rich offers an illuminating look at their delusions.
The Grift of Online Entrepreneurship
Don’t like getting underpaid for your work? Hypercapitalist Instagram meme pages can help.
Break Up Facebook, But That’s Just The Start
The FTC suit against Facebook has limited aims and long odds.