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reThink Trade: “An amazing research paper unearths how the tech industry invented the concept of digital trade and sold it to government officials. Progressive trade advocates continue to express confusion over the Biden administration’s trade policies. Despite a U.S. trade representative (USTR) in Katherine Tai who has prioritized a worker-centered trade vision that breaks with …
Cookson, J. Anthony and Fox, Corbin and Gil-Bazo, Javier and Imbet, Juan Felipe and Schiller, Christoph, Social Media as a Bank Run Catalyst (April 18, 2023). Available at SSRN: https://ssrn.com/abstract=4422754 or http://dx.doi.org/10.2139/ssrn.4422754 “Social media fueled a bank run on Silicon Valley Bank (SVB), and the effects were felt broadly in the U.S. banking industry. We …
Politico – The Supreme Court justice did not report the identity of the purchaser, whose firm has had numerous cases before the court: “…For nearly two years beginning in 2015, Supreme Court Justice Neil Gorsuch sought a buyer for a 40-acre tract of property he co-owned in rural Granby, Colorado. Nine days after he was …
Modern monetary theory:an explanation. Professor Richard Murphy. April 2023. Funding the Future. Formerly Tx Research UK. “Modern monetary theory (hereafter, MMT) is an explanation of the way in which money works in an economy. It also explains the consequent impact that the best use of money, using this understanding, might have on behaviour in that …
Salon: “As the climate crisis becomes more acute — exemplified in interminable wildfire “seasons”, intense drought and extreme weather — it’s becoming clear that saving the planet will involve more than politely asking consumers to recycle their yogurt cups. Indeed, many of climate change’s effects are largely spurred by resource hoarding and inequality via the …
AID: “Intelligent systems are currently prone to unforeseen and often dangerous failures when they are deployed to the real world. Much like the transportation sector before it (e.g., FAA and FARS) and more recently computer systems, intelligent systems require a repository of problems experienced in the real world so that future researchers and developers may …
ars technica – Generative AI promises to streamline health care, but critics say not so fast. “On Monday [April 17, 2023], Microsoft and Epic Systems announced that they are bringing OpenAI’s GPT-4 AI language model into health care for use in drafting message responses from health care workers to patients and for use in analyzing …
Yale School of Management: “Since the invasion of Ukraine began, we have been tracking the responses of well over 1,200 companies, and counting. Over 1,000 companies have publicly announced they are voluntarily curtailing operations in Russia to some degree beyond the bare minimum legally required by international sanctions — but some companies have continued to operate …
The Atlantic: “National-security leaks. Insurrections. Bank runs. Group chats are now the most powerful force on the internet…Group chats aren’t just good for triggering geopolitical crises—they’re also an effective means to start a bank run, as the world learned last month. The investor panic that led to the swift collapse of Silicon Valley Bank in …
“On behalf of the Project On Government Oversight (POGO), we write to urge the Department of Justice to investigate the recently reported decades-long failure of Supreme Court Justice Clarence Thomas to disclose his receipt of gifts potentially worth millions of dollars. Unless the investigation reveals that the facts differ radically from what has been reported, …
Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, April 15, 2023 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly …
The Economist: “Imagine you are the dealer at a vast card table. There are 3,000 players, each of whom is holding a different number of cards. Some have thousands; others a handful. Each will hold onto some cards and return the rest to you. Your job is to reshuffle the deck and deal it again …
