I’m just not that into you.
Economic Policy
Posted inEconomic Policy
How the AI Bubble Might Play Out
Investment in new technology always needs startup financing, and if AI is truly God in the machine, wide adoption will pay off over time. But that isn’t materializing, at least not yet.
Posted inEconomic Policy
Prices in the Machine
AI’s real contribution to humanity could be maximizing corporate profit by preying on personal data to raise prices. In fact, it’s already happening.
Posted inEconomic Policy
Sources of America’s Hidden Inflation
How market power jacks up prices, and how Trump’s policies add to the pressure
Posted inEconomic Policy
Selling the Poor on Spending Like They’re Rich
How plutonomy, premiumization, and social media squeeze the middle class
Posted inEconomic Policy
The Historic Reversal of Cultural Affordability
America used to be a pioneer in democratizing culture.
Posted inEconomic Policy
The Wrist-Slappers Strike Again
A settlement with algorithmic collusion facilitator RealPage allows it to keep allegedly ill-gotten profits and continue innovating to raise rents.
Posted inEconomic Policy
Your Money Means Market Power for Banks
Deposits are the raw materials with which bankers play, the key to unlocking market power, as giants like Bank of America and JPMorgan Chase demonstrate.
Posted inEconomic Policy
Credit Unions Go Large and Go Rogue
Intended to bolster local access to lending, large credit unions today are swallowing up community banks. A Trump purge has reduced their oversight to one regulator.
Posted inEconomic Policy
New York Gets Serious About Food Prices
State lawmakers could work with Zohran Mamdani’s administration to tackle high food prices through a combination of his public grocery proposal and a proposed antitrust law.
