Englund

“Our institutions are malfunctioning because of the way that social media amplifies performance and moralism and mob dynamics, which brings the normal process of dissent to a grinding halt,” “Why the Past 10 Years of American Life Have Been Uniquely Stupid” in The Atlantic. In the essay, which he /Jonathan Haidt/ calls “the most important thing I’ve ever written”, Haidt argues that social media is having a devastating impact on society.   He invokes the parable of the Tower of Babel, in which God, “offended by the hubris of humanity”, makes the people unable to communicate. https://www.theatlantic.com/magazine/archive/2022/05/social-media-democracy-trust-babel/629369/  “I cannot imagine voting Republican because the Republican party has completely lost all sense of constitutional responsibility and has lost all touch with conservatism. I have a lot of respect for liberalism, but there’s a lot of illiberalism on the left, and I have a lot of respect for conservatism, but t...

 It may be the latest political and financial obsession, but cryptocurrencies remain something with no inherent value Jemima Kelly FT 27 April 2022 https://www.ft.com/content/f220f44f-3627-4797-b6fe-9253563db49d Jemima Kelly, Cryptocurrencies and all that (Bitcoins, Tulips, South Sea Company) Englund: Jemima Kelly, Cryptocurrencies and all that (Bitcoins, Tulips, South Sea Company) (englundmacro.blogspot.com)

Success of the ‘joke’ currency shows that we shouldn’t take cryptocurrencies too seriously Jemima Kelly 11 May 2021 https://www.ft.com/content/2c3dd96c-b1b1-42fd-ab46-8b4791bf1270 Oh no, now Deloitte with the crypto nonsense By the time we read the introduction, we trusting Alphavillains were feeling downright cynical Now we don’t want to suggest this report has been written by a bunch of crypto bros, but has this report been written by a bunch of crypto bros?  Jemima Kelly FT Alphaville 7 May 2021 https://www.ft.com/content/8d35a908-9d49-4992-9980-54f314bf5193   Jemima writes for FT Alphaville. She was previously a reporter at Reuters, where she mainly wrote about the foreign exchange market, cryptocurrencies and fintech. She has also written for The Economist. Dogecoin really is man’s best friend Remember when people used to analyse markets like they were a Really Serious Thing with serious fundamental factors driving them? Jemima Kelly FT Alphaville 5 May 2021 https://www.f...