Sublime

“Prediction markets reflect a fundamental principle underlying the value of market-based pricing: Because information is often widely dispersed among economic actors, it is highly desirable to find a mechanism to collect and aggregate that information. Free markets usually manage this process well because almost anyone can participate, and the pote

“self-interested behavior is learned behavior, and people learn it by studying economics and business.”

L’exode conquérant des Européens a également installé un ordre mondial provoquant le fameux clivage Nord/Sud et ses gigantesques disparités, en érigeant une divinité tutélaire absolue, que l’on appelle finance. Le citoyen sans salaire et sans ressource perd toute réalité sociale ; il est réduit à l’état d’indicateur du niveau minimal de la prospéri

they in fact embody a politics. The rules of product and service development, as well as marketplace interactions, are set by the platform owner.

The best option, indeed, is the combination that links an openness to free trade with covering individuals against the adverse consequences of exposure to the violent winds of the global market. As Dani Rodrik remarked in 1998, “government

The accumulation of wealth by experts, combined with the decreasing efficiency of technocracy, is creating this third institutional crisis.

We are mindful of the dangers of high welfare and unemployment benefits, watching the consequences of this compassionate policy on the job-seeking habits of the unemployed. Visiting the major cities of the industrial countries, I am struck by this curious phenomena of high unemployment and yet a shortage of waiters, cab drivers, nurses and garbage

An increase in top-down management is inherent to all neo-liberal processes, by the way: a neo-liberal organisation invariably creates a non-productive top layer whose main task is to maintain its position by monitoring others, resulting in ever-proliferating rules and regulations. Performance measurement is fostered in the name of ‘transparency’,

The Bob Rubin trade? Robert Rubin, a former Secretary of the United States Treasury, one of those who sign their names on the banknote you just used to pay for coffee, collected more than $120 million in compensation from Citibank in the decade preceding the banking crash of 2008. When the bank, literally insolvent, was rescued by the taxpayer, he