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16 votes
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We economists have done the maths: ‘growth’ is a doomed strategy – there is a better way
57 votes -
Guyana’s oil-driven economy has seen the world’s fastest growth in GDP per capita in recent years
10 votes -
Japan imports 60% of its food: why a weak Yen is triggering a crisis
7 votes -
The effects of the EU’s Cohesion Policy
15 votes -
Where profits come from (the profits identity)
7 votes -
What did banning Airbnbs in New York City accomplish?
24 votes -
Sweden has halved its borrowing since facing financial meltdown in the 1990s, without raising taxes – and what Britain can learn from this experience
17 votes -
Iceland is again the world's most expensive country, surpassing Switzerland for the first time in years, calculations by a local trade union showed
9 votes -
Why Japanese companies do so many different things
47 votes -
Is there a "Razor" for the idea that "If a Billionaire is against it, I'm for it?"
Not sure if this is the right section for this post, might be better off somewhere else. But a sentiment I've seen more and more frequently online is the idea that there's a pretty simple "razor"...
Not sure if this is the right section for this post, might be better off somewhere else.
But a sentiment I've seen more and more frequently online is the idea that there's a pretty simple "razor" (like Occum's razor, or Halon's) that if a billionaire or huge corporation is telling me something is bad or will hurt people, it's usually a sign that the opposite is true. Or if a billionaire goes on the news and says that this new law is good for the poors and people should support it, it's a good sign to go out and vote against it.
Do we have a catchy name for it yet? I was thinking maybe "The Bezo's inversion" or something similar.
Edit: Shout out to /u/Rosco for expressing my intentions from this post better than I could have. The discussion in this thread didn't really go the direction I was expecting and that's probably on me for how I structured the original post.
I read this as more of a fun catharsis. We're in a society that is getting disproportionately out of whack. Wealth inequality is at a pretty untenable level, the average person is having a hard time getting by, and those with extreme wealth are actively trying to change our media, regulatory, labor, political landscapes to their benefit. I think a big of off gassing is warranted and this seems like a fun to way to engage with it. Obviously it's not actually going to function as a law, like I agree with Tom Steyer's stance on the Environment. But, on the flip side I came across the voter guide in the Palo Alto Daily in 2020 and it was literally the exact opposite - on every single proposition - than what I was planning to vote for. So it also kind of works? Regardless, it's harmless fun.
46 votes -
Against money
21 votes -
Investment, animal spirits and algae
4 votes -
Young people are falling behind, but not because of AI
23 votes -
Staged homes sell for 10% more and one week faster
33 votes -
Falling demand for cardboard boxes — long a proxy for consumer spending — is raising concerns about the US economy
50 votes -
Can a country get too rich? Norway shows the potential pitfalls of uncommon prosperity.
24 votes -
Iran war spreading economic damage far beyond oil and gas markets
25 votes -
Sweden has been part of the EU for thirty years, yet is one of the few to have kept their own currency – could global tensions finally see them warming towards the euro
6 votes -
Why Las Vegas doesn't care if you visit anymore
35 votes -
The succession drama about to hit a $40 billion Swedish empire – the Wallenbergs are seeking an orderly transition of power to the next generation amid a complicated outlook
7 votes -
Sweden's ruling class is flirting with the idea of adopting the EU's single currency, seeking safety in numbers to insulate itself against geopolitical tension from both sides of the Atlantic
14 votes -
Government payments drive US farm income surge in 2025
20 votes -
In most countries, imports from China account for less than 10% of GDP, even where China is the top partner
16 votes -
How to fix the market for event tickets - slides from Federal Deposit Insurance Corporation keynote talk
14 votes -
Book reviews: The Land Trap and Land Power
2 votes -
Firewood banks aren’t inspiring. They’re a sign of collapse.
32 votes -
US shoppers, drawn by steep discounts, power through Black Friday
22 votes -
How Norway jeopardised its integrity overnight – Oslo abruptly changed the ethics rules for the world's largest sovereign wealth fund
11 votes -
Sweden's leading business dynasty prepares for succession – the sixth generation of Wallenbergs is stepping up
5 votes -
In the early 1990s, Sweden faced one of the worst economic crises in its modern history – the lessons for other countries, especially France, deep in its own budget crisis, are simple, if not easy
21 votes -
How industrial slaughter became the blueprint for modern capitalism
25 votes -
Financial collapse?
I'm extremely bearish on the US dollar and stock market and am wondering what other people think about how to prepare financially for the medium term future. I don't there's any other way you can...
I'm extremely bearish on the US dollar and stock market and am wondering what other people think about how to prepare financially for the medium term future. I don't there's any other way you can cut it: there's a debt crisis and, worse yet, I don't think the US will be able to convince bond buyers that they're serious enough about the issue to avoid a debt spiral. The fact that gold has cracked 4000 (almost 4200 now, with BofA setting a 5000 target) seems to suggest that central banks are similarly pessimistic about a financial collapse. What do y'all think about where things are likely headed?
40 votes -
The reports of UBI’s death are greatly exaggerated
32 votes -
A contentious book argues that endless oil revenue and a sovereign wealth fund are making Norway increasingly bloated, unproductive and unhealthy
13 votes -
How does tiny Denmark defy the odds to become one of the richest nations?
7 votes -
US economy shrinks 0.3% in first quarter
46 votes -
Explaining the Donald Trump tariff in the US
18 votes -
Why do domestic prices rise with tariffs?
26 votes -
The new US tariffs - weird formulas, risks, and the coming trade war
34 votes -
President Donald Trump's tariff formula contains math error that mistakenly quadruples rate on every country, says American Enterprise Institute
43 votes -
Planet Money buys a $137 diamond from Alibaba
23 votes -
Global arms exports - the trends, winners and losers in 2024 and the outlook for 2025
6 votes -
You are witnessing the death of American capitalism
36 votes -
Beijing's deflation dilemma: Falling prices signal bigger troubles ahead for China's economy
27 votes -
US tariff war risks sinking world into new Great Depression, International Chamber of Commerce warns
57 votes -
Wealthy Americans fuel half of US economy consumer spending
41 votes -
US voters were right about the economy. The data was wrong.
39 votes -
Three simple principles of trade policy
11 votes -
Interview with economist James Galbraith about new book, economic theory, climate change, sanctions and more
3 votes