Mammon category archive
It’s All about the Benjamins 0
At The Roanoke Times, a doctor describes the latest attempt by Wall Street and insurance companies to milk money from Medicare for services not rendered.
Just read it.
Funny Money 0
It is a storied right-wing position to question “fiat currencies” and to yearn for a return to, say, the gold standard. And bitcoin and its imitators are the ultimate in fiat currency. Yet right-wingers seem fascinated with bitcoin, as Paul Krugman notes:
So what’s that about?
Follow the link for his theory.
A Picture Is Worth, Facebook Frolics Dept. 0
Don’t believe me? See for yourself.
It’s All about the Algorithm 0
At Psychology Today Blogs, Arthur Dobrin explains that algorithms are amoral. Here’ are his key point; follow the link for his reasoning.
- Machines making decisions has become commonplace.
- The choices machines make reflect the biases and values of the programmers.
- Morality is too complex to be solves by an algorithm.
- Machines can’t be any more moral than the people who program them.
Aside:
Methinks the last point goes a long way to explaining why “social” media isn’t.
Know Them by the Company They Keep 0
The Arizona Republic’s E. J. Montini points out that Arizona’s Governor does not shy away from shysters.
“What You Don’t Know Can’t Hurt Us” 0
Will Bunch explores Republicans’ war on public education. A snippet:
Follow the link for his reasoning.
The Disinformation Superhighway 0
I think I have noted before that I regularly turn off “autoplay” in Youtube because I don’t want Youtube’s algorithm making choices for me, and Youtube turns it back on when I’m not looking.
And around and around we go.
Equal Justice under the Law 0
The writer of a letter to the editor of the Las Vegas Sun reminds us that some people are more equal than others,
The Boulevard of Beta Testers 0
Alex Pareene talks with Sam and his crew about Elon Musk’s “self-driving” (sic) cars. Pareene offers a theory regarding Musk’s disregard of the public safety and the seductive appeal of anything labeled “tech.”
Supply Change 0
Thom and Professor Steve Keen explore the true causes of the recent inflation and find it is related to the long-term supply chain change.
Afterthought:
Remember, China did not “take” American jobs.
American businesses moved them there so as to avoid paying American wages to American workers.
