Category «Financial System»

When the New York Times Lost its Way

The Economist, James Bennet [free to read] – America’s media should do more to equip readers to think for themselves: “…Whether or not American democracy endures, a central question historians are sure to ask about this era is why America came to elect Donald Trump, promoting him from a symptom of the country’s institutional, political …

Subjects: Economy, Education, Financial System, Government Documents, Knowledge Management, Legal Research

The Judiciary Has Policed Itself for Decades. It Doesn’t Work.

ProPublica: “For decades, judges have relied on a select group to make sure the judiciary adheres to the highest ethical standards: themselves. The Judicial Conference, a secretive, century-old council of federal judges led by the chief justice of the Supreme Court, oversees the ethics and financial disclosures for more than 1,700 federal judges, including the …

Subjects: Courts, Financial System, Government Documents, Legal Research

Lawyering in the Age of Artificial Intelligence

Choi, Jonathan H. and Monahan, Amy and Schwarcz, Daniel, Lawyering in the Age of Artificial Intelligence (November 7, 2023). Minnesota Legal Studies Research Paper No. 23-31, Available at SSRN: https://ssrn.com/abstract=4626276 or http://dx.doi.org/10.2139/ssrn.4626276 : “We conduct the first randomized controlled trial of AI assistance’s effect on human legal analysis. We randomly assigned sixty students at the …

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

Saving the News from Big Tech

Saving the News from Big Tech, Cory Doctorow, Special Advisor/EFF, June, 2023: “Media is in crisis: newsrooms all over the world are shuttering and the very profession of journalism is under sustained ideological and physical assault. Freedom of the press is a hollow doctrine if the only news media is written or published by independently …

Subjects: E-Commerce, Economy, Financial System, Freedom of Information, Internet, Knowledge Management, Microsoft, Search Engines, Social Media

Arab Funding of American Universities: Donors, Recipients and Impact

Arab Funding of American Universities: Donors, Recipients and Impact By Mitchell G. Bard, Ph.D. American-Israeli Cooperative Enterprise (May 2023): “…Up until 2020, the DoE paid little attention to university compliance, and institutions did not report many of the gifts. That year the DoE began to investigate whether Yale and Harvard were complying with reporting requirements. …

Subjects: Defense, Education, Financial System, Government Documents, Internet, Knowledge Management, Legal Research, Social Media

Big Tech funds the very people who are supposed to hold it accountable

Washington Post [read free]: “Tech giants including Google and Facebook parent Meta have dramatically ramped up charitable giving to university campuses over the past several years — giving them influence over academics studying such critical topics as artificial intelligence, social media and disinformation. Meta CEO Mark Zuckerberg alone has donated money to more than 100 …

Subjects: Economy, Education, Financial System, Internet, Legal Research, Social Media

AI and Trust

Schneier on Security – “…Interpersonal trust and social trust are both essential in society today. This is how it works. We have mechanisms that induce people to behave in a trustworthy manner, both interpersonally and socially. This, in turn, allows others to be trusting. Which enables trust in society. And that keeps society functioning. The …

Subjects: AI, Civil Liberties, Economy, Financial System, Internet, Knowledge Management, Legal Research, Privacy

We Should Get Paid for Our Online Data

TIME: “Since January 2023, the United States Department of Justice along with the Attorneys General of California, Colorado, Connecticut, New Jersey, New York, Rhode Island, Tennessee, and Virginia, have been in court pursuing a civil antitrust suit against Google. And on Sept. 26, 2023, the Federal Trade Commission and 17 state attorneys general filed a …

Subjects: Courts, Cybersecurity, E-Records, Financial System, Government Documents, ID Theft, Internet, Legal Research, Privacy, Social Media

Explaining the Rise in Prime Age Women’s Employment

PennWharton: “Earlier this year, the employment rate of prime working age women reached an all-time high, passing 75 percent for the first time in U.S. history. Defying widespread expectations that the COVID-19 pandemic would disproportionately harm the economic prospects of women, they have recovered faster than men and played a dominant role in the overall …

Subjects: Economy, Financial System, Legal Research

Survey and Diary of Consumer Payment Choice

Federal Reserve Bank of Atlanta: “Together, the Survey and Diary of Consumer Payment Choice create a comprehensive picture of US consumers’ payment preferences and behavior. The Survey and Diary fills a gap in knowledge about the role of consumers in the transformation of payments from paper to electronic. Payments data is collected in the context …

Subjects: E-Records, Economy, Financial System, Government Documents, Legal Research

The political economy of social media

CEPR: The political economy of social media: A new eBook. Filipe Campante, Ruben Durante, Andrea Tesei. 27 Nov 2023. “The emergence of social media has reshaped the way humans communicate, interact and coordinate with each other. Assessing the impact of this transformation on politics has been one of the great social science questions of the …

Subjects: Economy, Financial System, Internet, Knowledge Management, Legal Research, Social Media