Victor Loux Bookmarks Tag: economics

37 bookmarks tagged “economics

We don’t have a hundred biases, we have the wrong model

worksinprogress.co/issue/biases-the-wrong-model/
Behavioral economics has identified dozens of cognitive biases that stop us from acting 'rationally'. But instead of building up a messier and messier picture of human behavior, we need a new model.

Yanis Varoufakis on Crypto & the Left, and Techno-Feudalism

the-crypto-syllabus.com/yanis-varoufakis-on-techno-feudalism/
Was that a good or a bad thing? Of course, it was good for a young person in Shenzhen who managed to earn $60k a year designing digital hats on his PC – instead of destroying his body in a sweatshop. The question, however, is: Could all workers in Shenzhen (and beyond) be rescued from sweatshops by migrating to a metaverse? The answer is: Not before we have robots working for all of us so that we can reproduce the material conditions of our lives. As long as we do not have these mech...

The Case Against Crypto

stephendiehl.com/blog/against-crypto.html
History repeats itself first as tragedy and then as farce. The wild economic oscillations of yesterday’s gold standard is today’s dog meme mania. Human nature is remarkably invariant through the ages and if we don’t learn the lessons of history then we’re doomed to repeat the mistakes of past generations. This time around If we’re very lucky then crypto assets simply end in a market crash and a series of progressive New Deal-like reforms to our financial system. If we’re unlucky then...

The economics of vending machines

thehustle.co/the-economics-of-vending-machines/
[…] Ibanez’s YouTube channel, which chronicles his life as a vendor, boasts 362k subscribers and now earns more than his machines.

La tragédie des communs était un mythe | CNRS Le journal

lejournal.cnrs.fr/billets/la-tragedie-des-communs-etait-un-mythe
La propriété commune d’une ressource conduit nécessairement à la ruine de celle-ci, concluait en 1968 un biologiste dans la revue Science. Son article, « La tragédie des communs », a façonné les raisonnements économiques et politiques de ces dernières décennies. L’historien Fabien Locher nous expose les enjeux de ce débat et en souligne les limites dans le cadre d’une pensée de l’environnement. Ce Point de Vue fait partie du Top 10 des articles les plus lus sur notre site cette année...