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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Invisible Freedoms

It is the singular affliction of whiteness to suffer the slings and arrows of righteous indignation on the rare occasion its privileges are infringed by the power structures meant to secure them. High on the list of stuff white people don’t like is surveillance, at least when its traditional contours are involuted, the lidless eye […]

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