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More evidence that financial speculators drive crazy food-price swings
A new study on the link between financial speculation in commodity markets and food-price spikes shows that the model can be used to predict future food-price spikes, strengthening the case that...
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The business/markets case for limits to copyright
You'll remember Derek Khanna as the Republican House staffer who got fired for writing a paper that used careful objective research to argue for scaling back copyright. Now, Khanna is a volunteer...
View ArticleJerktech: Silicon Valley's most shameful export
Jerktech is the very apt epithet for the class of "disruptive" startups that sell things that don't belong to them, like parking spots and restaurant reservations, simply raising the prices of them...
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There Is Such a Thing As a Free Lunch
On Crooked Timber, John Quiggin has been rehearsing the arguments from an upcoming book called "Economics in Two Lessons," and the latest installment asks why, if there's no such thing as a "free...
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California's rising gas prices result from a grossly manipulated fuel...
[caption id="attachment_407127" align="alignnone" width="800"] Gasoline prices at a 76 gas station are displayed in Encinitas, California, February 19, 2013.REUTERS/Mike Blake[/caption] Santa Monica...
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Airlines try auctioning off seat upgrades at the gate
Because aviation isn't already a perfect model for class war, privilege and the market's ability to erode comfort, pleasure and humane treatment. (moreā¦)
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Delhi's "Sleep Mafia" control the nights of 100,000 homeless workers
https://www.youtube.com/watch?v=rXzElV75x08 With an estimated 100,000 homeless people living on the streets of Delhi, and 18,000 shelter beds, the city's nighttime sidewalks are the only bed for tens...
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The pathogens of Wells Fargo's corruption fester in every large corporation
Despite the denials of its new CEO, Wells Fargo had a serious, widespread cultural problem that led it to commit at least 2,000,000 financial crimes. But the crimes and the culture are widespread...
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The internet promised open markets, delivered rigged ones, then fake ones,...
Markets don't solve all our problems, but they sometimes produce remarkably efficient systems for producing and distributing goods, and the internet traded on that promise with marketplaces like Ebay...
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A tour of the Chor Bazaar in Mumbai
Scotty of Strange Parts went to the colorful bustling Chor Bazaar in Mumbai, India. It's chaotic and crammed and exciting. Scotty has videos of other markets he's been visiting lately and they are all...
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Incredible aerial video of a Bangkok market set up on a railway track
This video of Maeklong Railway Market in Bangkok was shot in time-lapse but it's clear that people have to shake a leg when a train comes chugging through. View this post on Instagram Maeklong Railway...
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Watch this visit to a market in Oaxaca
I love going to markets when I travel outside the United States. In this video, YouTuber Harald Baldr visited a market in Oaxaca, Mexico. He bought many things, including a shopping bag, a flower,...
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