Modern money is intangible, electrons whizzing around – unlike older forms of money, whether paper and coin, orwartime cigarettes, orhuge stone wheels.Paid: Tales of Dongles, Checks and Other Money Stuff, edited by Bill Maurer and Lana Swartz, is a reminder that even the 1s and 0s have a material ba

The Enlightened Economist Blog

13.12.2022

Keeping models in their place | The Enlightened Economist

The increasing use of algorithmic decision making raises some challenging questions, from bias due to societal biases being baked in to training data, to theloss of the space for compromise(due to the need to codify a loss or reward function in a machine learning system) that is so important in addr

The Enlightened Economist Blog

13.12.2022

Facts about facts | The Enlightened Economist

There’s something wonderful about a book titledAll The Facts. Ambitious or what? The subtitle narrows it down, a bit, to “A History of Information in the United States since 1870.” One country, one and a half centuries. Needless to say, it’s still ambitious in its scope, embracing not just the techn

The Enlightened Economist Blog

17.12.2022

Webs of money | The Enlightened Economist

A 2016 book that was an eye-opener for me was Brooke Harrington’sCapital Without Borders: Wealth Managers and the One Percent. A sociologist, she had trained as a private client wealth manager and worked among/for the global elite – the Ultra High Net Worth Individuals (UHNWIs). The rich really are

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Money stuff | The Enlightened Economist

Keeping models in their place | The Enlightened Economist

Facts about facts | The Enlightened Economist

Webs of money | The Enlightened Economist

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