Articles in Economics

Darwinism and Markets Don’t Mix

As illustrated by this model, “survival of the fittest” among corporations leads to the extinction of all.


Why Cryptocurrency Is A Giant Fraud

Speculators might make money on it, but the arguments for its usefulness fail completely.


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.


Abolishing the Economics Nobel Isn’t Enough

Economics is a discipline that has been strangled by conservative credentialism. Saving the profession from itself requires more than symbolic action—it’s time to get rid of the gatekeepers.


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