Category «Economy»

The Loyalty Trap: How Loyalty Programs Hook Us with Deals, Hack our Brains, and Hike Our Prices

Vanderbilt Policy Accelerator & UC Berkeley Center for Consumer Law and Economic Justice – “…But today, as seen with McDonald’s, loyalty programs have evolved into data-harvesting machines that lawmakers should scrutinize as closely as any other surveillance-based business model. They track not just what consumers buy, but who we are, what we search for, and …

Subjects: E-Commerce, Economy, Financial System, Legal Research, Privacy

Say goodbye to the billable hour, thanks to AI

WSJ – via MSN w no paywall [Note – we have heard this mantra for decades….is change arriving in 2026?]: “Rita Gunther McGrath is an academic director in executive education at Columbia Business School and author of “Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen.” Is the billable hour about to …

Subjects: Economy, Financial System, Intellectual Property, Internet, Knowledge Management, Legal Research, Marketing

The Last Video Rental Store Is Your Public Library

404 Media: “As prices for streaming subscriptions continue to soar and finding movies to watch, new and old, is becoming harder as the number of streaming services continues to grow, people are turning to the unexpected last stronghold of physical media: the public library. Some libraries are now intentionally using iconic Blockbuster branding to recall …

Subjects: E-Records, Economy, Education, Internet, Knowledge Management, Libraries

How the dollar-store industry overcharges cash-strapped customers while promising low prices

The Guardian – A Guardian investigation reveals Dollar General and Family Dollar stores often fail to honor their shelf prices – charging more at checkout for everything from frying pans to Frosted Flakes…The dollar-store industry, including Family Dollar and its larger rival, Dollar General, promises everyday low prices for household essentials. But an investigation by …

Subjects: Economy, Food and Nutrition, Government Documents

The Economic Consequences of the Second Trump Administration: A Preliminary Assessment

Center for Economic Policy Research: The Economic Consequences of the Second Trump Administration: A Preliminary Assessment, 2nd Edition 315 pages. See John Coates [Harvard Law School] chapter, The Rule of Law, begins on page 33 and includes an addendum on rule of law developments from April to September, starting at page 46. …At the President’s direction, …

Subjects: Censorship, Civil Liberties, Climate Change, Congress, Courts, Economy, Financial System, Freedom of Information, Government Documents, Knowledge Management, Legal Research, Legislation

AI In Finance and Banking, November 30, 2025

Via LLRX – AI In Finance and Banking, November 30, 2025 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links …

Subjects: AI, Economy, Financial System, Government Documents, Health Care, Legal Research

Annual List by Tom Whitwell – 52 things I learned in 2025

52 things I learned in 2025 –  – [a small selection from the list] In 2023, Nigeria had a million more births than the whole of Europe – Our World in Data, via Charles Onyango-Obbo] Childhood peanut allergies are falling dramatically, perhaps because advice to avoid peanuts was reversed. [Simar Bajaj] The serial killer epidemic …

Subjects: Congress, Economy, Education, Environmental Law, Food and Nutrition, Government Documents, Health Care, Legal Research

Best case: we’re in a bubble. Worst case: the people profiting most know exactly what they’re doing.

Christopher Butler – “After three years of immersion in AI, I have come to a relatively simple conclusion: it’s a useful technology that is very likely overhyped to the point of catastrophe. The best case scenario is that AI is just not as valuable as those who invest in it, make it, and sell it …

Subjects: AI, Economy, Education, Financial System, Internet, Knowledge Management, Legal Research

During the Trump era, political violence has become an increasingly urgent problem

The New Yorker: Elected officials from both parties are struggling to respond. In the Line of Fire [no paywall] “America is a violent country. Nowhere else that is remotely as rich tolerates so many murders or so many weapons. But, sometime during the tumultuous decade of the Trump era, it began to seem that simply …

Subjects: Civil Liberties, Congress, Economy, Government Documents, Health Care, Legal Research, Social Media

Zillow Removes Climate Risk Scores From Home Listings

The New York Times Gift Article: “Zillow, the country’s largest real estate listings site, has quietly removed a feature that showed the risks from extreme weather for more than one million home sale listings on its site. The website began publishing climate risk ratings last year using data from the risk-modeling company First Street. The …

Subjects: Climate Change, Economy, Environmental Law, Housing, Internet, Knowledge Management, Legal Research