Mammon category archive
Muskrat Stats 0
Elon Musk tries to game the numbers.
Courting Disaster 0
At the Seattle Times, Hugh Spitzer reminds us that we’ve seen rogue Supreme Courts before. Here’s one of his examples; follow the link for more.
Dissenting from the 5-4 Lochner majority, Justice Oliver Wendell Holmes Jr. wrote in 1905 that the court was improperly deriving legal doctrines from economic theory.
Courting Disaster 0
At northjersey.com, Gerri Budd and Donnalynn Scillieri several possible implications, one of which is this:
Follow the link, where they follow the money.
The Crypto Con Crash
0
Paul Krugman wonders how the crypto con successfully conned so many persons. A snippet:
My answer is that while the crypto industry has never managed to come up with products that are much use in the real economy, it has been spectacularly successful at marketing itself, creating an image of being both cutting edge and respectable. It has done so, in particular, by cultivating prominent people and institutions.
Follow the link for his reasoning.
Muskrat Law 0
At Above the Law, Joe Patrice takes a long, detailed, and lawyerly look at Twitter’s suit to force Elon Musk to honor his contract to buy said “social” media platform. It’s a fascinating read, even for a non-lawyer.
I won’t try to summarize it. I’ll just say that Patrice seems to think that Twitter’s lawyers are earning their fees.
Soiler Alert, Reprise 0
PolticalProf parses the perfidy.
![[Panel 1: Elvie is talking to Bob, who suddenly breaks off, mid-word] Elvie: I hear you've got a new job at Alphabet. Bob: Yeah, I'm working for *YouTube*, helping to train the algo-- [Panel 2: Close-up of Bob, who has switched into an alter-ego. His speech bubble is a different colour and there are speed lines in the background to indicate him flipping into another](https://peppertop.com/elvie/wp-content/uploads/2022/06/Elvie_090_en_GB.jpg)
