capitalism
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On currency
Money is an illusion, but the consequences of not having it are very real.
asset pricing, banking, Bitcoin, Bitcoins, blockchain, Capital, capitalism, central bank, central banking, cum ex, currency, deflation, dentist in jail, dentistry, financial fraud, fiscal policy, fraud, history of money, incarceration, inequality, inflation, investment, investors, jail, jail dentistry, jail poetry, jail poetry class, jail poetry workshop, labor, labor versus capital, monetary policy, money, pulling teeth, QE, quantitative easing, stock market, stock market fraud, tax fraud, tax loopholes, teaching in jail, teaching poetry in jail, teeth pulled in jail, toxic assets, velocity of money, wealth
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On suboptimal optimization.
If you’re hoping that self-driving cars will prevent traffic jams, think again. They might be designed to make traffic worse.
Adam Millard-Ball, AI, artificial intelligence, atomic weapons, automation, capitalism, carbon costs, carbon emissions, carbon emissions from driving, carbon tax, climate change, cost benefit analysis, cost to park, did Heisenberg know linear algebra, driving, economics, finite, finite mathematics, general education requirements, global warming, graffiti that confuses self-driving cars, Heisenberg, Heisenberg and linear algebra, Heisenberg Uncertainty Principle, intentionally causing traffic jams, linear algebra, linear optimization, math, math panic, matrices, matrix, maximizing utility, minimizing costs, negative externalities, nuclear weapons, parking, parking fees, parking in cities, philosophy, pollution, pollution is free, pricing carbon, pricing externalities, public utility, quantum mechanics, robot cars, robot drivers, self-driving car, self-driving cars causing traffic jams, taxing carbon, taxing emissions, taxing pollution, teaching math, traffic, traffic laws, traffic patterns, trolley problem, university degree, university policies, university policy, usage fees, Werner Heisenberg, why didn’t Germany have atomic weapons, why is it free to pollute, why isn’t pollution taxed
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On alternate truths.
Sometimes the alternatives are jarring – you look and count a certain number, another person proffers a radically different amount. Surely one of you is mistaken. In the United States, there’s a rift between those who overestimate certain values (size of inauguration crowds, number of crimes committed by immigrants, votes cast by non-citizens, rates of…
45, almond milk, alternate truths, alternative facts, anarchy, animal welfare, capitalism, cashew milk, citizenship, civil liberties, crowd size, dairy industry, extremism, free market capitalism, government, government intervention, Henri Taijfel, overestimaters, political philosophy, politics, property rights, psych experiments, psychology, soy milk, Trump, underestimaters, us vs. them, vegan, veganism
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On Tao Lin’s ‘Trip,’ targeted advertising, and finding scraps of life in books.
Psychedelics could help you change your life, but our government insists that they have “no accepted medical use.”
A Really Good Day, abusive relationships, addiction, advertising, Ayelet Waldman, Best of Photojournalism, better living through chemistry, body, book review, business cards, capitalism, corporations, dimethyl tryptamine, ditch your phone, DMT, domestic violence, drug rehab, drug use, drugs, entheogens, finding shit in books, hallucinogens, healing power of nature, healing power of psychedelics, incarceration, inner space, jail, jail poetry, LSD, lysergic acid, lysergic acid diethyl amide, magic mushrooms, Midwest Pages to Prisoners Project, mind, murder, mushrooms, nature, Pages to Prisoners, Perdue Meats, pharmacology, photography, prison, psilocin, psilocybin, psychedelics, psychonaut, recovery, rehab, rehabilitation, relapse, review, scientific method, self-discovery through drugs, sending books to prisoners, shrooms, slaughterhouse, smartphone addiction, spirit, state-mandated rehab, stuff inside books, Tao Lin, teaching in jail, Terrance McKenna, trip, tripping, tryptamines
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On automation, William Gaddis, and addiction.
An inefficient world might be a much better place to live.
Agape Agape, AI, artificial intelligence, automation, Brian Alexander, Capital, capitalism, corporate managers, corporate takeover, death of small towns, delivery drone, drug prices, economics, evolutionary inefficiencies, Glass House, greed, heroin, human evolution, inequality, investors, J R, Jeff Bezos, jobs that robots can do, JR, labor economics, labor vs. capital, machine learning, Mark Binelli, meth, people want jobs, people want to work, piano roll, player piano, robot doctors, robot lawyers, robot writers, robotics, robots, robots designed by robots, The Michigan Experiment, unemployment, wealth, who should the stakeholders of a school be, William Gaddis
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On Finn Murphy’s “The Long Haul” and our dying towns
U.S. economic inequality has caused much of the country to crumble … but the devastation won’t *stay* where it started.
A Trucker’s Tales of Life on the Road, addiction, ambulance fees, automation, Bloomington, capitalism, college town, drug addiction, drug use, drugs, Empire State, fentanyl, Finn Murphy, Flying J, free markets, government intervention, guaranteed basic income, heartless in the heartland, heroin, highways, homelessness, hospitalization, Indiana, inequality, Jason Shiga, marijuana, meth, meth labs, methamphetamine, opiates, overdose, poverty, property rights, public works program, Robert Reich, Saving Capitalism, seeing America, shooting up, spice, synthetic marijuana, The Long Haul, traveling by bus, unemployment, unhoused
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On wasted ingenuity.
Everyone strives, but we force some to waste their efforts reinventing the wheel – or the water heater, or the piano, or…
Albany, Attica, automation, Blood in the Water, capitalism, childhood trauma, criminal justice, Deirdre N McCloskey, Demetrius Cunningham, economics, Growth Not Forced Equality Saves the Poor, Heather Anne Thompson, imprisonment, injustice, jail, Learning to Hear on a Cardboard Piano, Lori Milks, New Yorker, one sheet per day, poverty, prison, prison writing, punishment, punitive justice
Frank Brown Cloud 