economics
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Tech
A Native Son of Palo Alto Thinks His Hometown Will Kill Us All
I meet Malcolm Harris, voice of millennials and anti-capitalist crusader, at a Brooklyn coffee shop, suggested by his publicist for a…
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Tech
Airbnb Is Running Riot in Small-Town America
Kaitlin had been living in the Village of Oak Creek for over two years when she received the notice. It…
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Tech
Crypto Contagion Is Spreading, Fast
To ensure Genesis wasn’t hamstrung by the loss, its parent company, Digital Currency Group (DCG), bailed it out. But in the…
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Tech
China’s Digital Yuan Works Just Like Cash—With Added Surveillance
By the mid-2010s, Chinese people in big cities had generally switched from using cash to using Alipay and WeChat Pay.…
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Tech
Fintech in Latin America and Africa Is Breaking the Mold
This rings true for a country like Brazil. In 2019 the Central Bank of Brazil created Pix, an instant payment…
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Tech
Would You Sell Your Vacation Days for Cash?
 PTO Genius, another startup launched in 2020, nudges employees that its algorithm guesses are at risk for burnout—based on factors…
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Tech
Opendoor’s iBuyer Model Is a Canary in the Economic Coal Mine
And right now, Opendoor’s behavior, driven by the data it sees, augurs bad tidings ahead. “Right now, they’re trying to…
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Tech
The Case for Making Public Transit Free Everywhere
But the rush for free or heavily-discounted tickets can have the opposite effect. In Germany, the first long weekend of…
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