A useful comparison?

Photo by on

One of the most fundamental questions in the data governance and the digital economy is the question of the value of data. As an economist, I could mock up some sort of value function to describe this. For instance, the value of data comes from predictive insights, and is thus…

How capitalism is selling us a future we can’t have, and denying us the possibility of others

Photo by on

The Problem

You can now . What’s more, Tesla CEO Elon Musk recently stated that the company would not be back into fiat money — e.g. dollars, euros — which will leave cryptocurrency enthusiasts quite pleased. After all, no currency is actually a viable currency…

Without a theory of change, the green transition will come too late.

“Only a crisis — actual or perceived — produces real change.”

This is perhaps Milton Friedman’s foremost insight, and one which has shaped the world over the past five decades.

Friedman — the Nobel Prize winning economist whose free market ideology shaped the Reagan and Thatcher administrations as well as…

Amazon’s use of behavioural nudges has changed in recent weeks — and Coronavirus explains why.

Photo by on

In a time of global pandemic, when many of us are stuck at home, Amazon is likely feeling a bit of a strain. In recent years, especially following the launch of their Prime service, the online retailer has done almost everything to make buying stuff faster and more convenient for…

(…and Chapo Trap House)

Photo by on

Some people don’t get Chapo Trap House. Some people don’t quite understand how people can, ‘meet on Twitter’ as the presenters of the podcast did, or how a left-wing show could spend more time mocking the Democratic party than crusading against the far-right. Most of all, some people don’t understand…

From Capitalist Realism to Acid Communism, we shouldn’t overlook Fisher’s impact on political economy

Source:

I believe, in time, the vastness and significance of Mark Fisher’s contribution will permeate throughout the social sciences — and economics in particular — with the ferocity of a meteor impacting the Earth. Fisher is, in my opinion, a man whose work has done much for the study of political…

Stuart Mills

Behavioural Science Fellow at the LSE. Personal Blog.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store