Ghost Exchange: Complexity, Velocity, and Risk

Increased complexity leads to increased risk. Stock markets run by algorithms, creating virtual markets that even the experts have difficulty explaining. The “flash crash,” “dark pools,” and “high-frequency trading”—what do they all mean? Throughout 2018, and now into 2019, we have witnessed some extreme volatility on stock markets, sometimes with swings so huge that many […]

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Capitalism Sickens Canadians

Making the news today in Canada is a new report that shows the degree to which the economic “downturn” (put politely) is literally sickening Canadians. On the other hand, “upturns” are sometimes accompanied by increased consumption of meat (and the added hormones), increased obesity and diabetes. The sickness described is the sickness of stress and […]

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The Two Terrors of 2008: End of Year Post

This year seems to have ended on a very different set of notes than how it began, and the theme might be that “two terrors are better than one.” The first terror, the one we have known since this new imperial rampage poorly/ironically named the “global war of terror” began in 2001, accompanied by neoliberal […]

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