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Category Archives: Financial System

A criminal justice expert’s guide to donating effectively

Vox: “…Chloe Cockburn has thought harder about that question than just about anyone. Until recently, Cockburn was the program officer for criminal justice reform at the Open Philanthropy Project, a foundation-like organization backed by the nearly $14 billion fortune of Cari Tuna and her husband, Facebook co-founder Dustin Moskovitz. It seeks to identify the most… Continue Reading

One of the world’s largest economic databases turns 30

MarketPlace: “It’s been 30 years since the start of the Federal Reserve Economic Data, or FRED, an online database within the Federal Reserve Bank of St. Louis. The site contains more than 800,000 data series from over 100 different sources, making it something of a one-stop shop for people trying to understand the economy. “We… Continue Reading

Digitized Data as a Political Object

“Digitized data is used as a powerful tool: national security actors see it as a surveillance tool, and the Information, Communications, and Technology (ICT) sector treats it as an economic commodity with great financial value. Fundamental to the findings in this book, data is now tied to your personal identity, and is therefore worthy of… Continue Reading

We’re Making the Facebook Papers Public

Gizmodo – Here’s Why and How – “Independent experts from NYU, UMass Amherst, Columbia, Marquette, and the ACLU are partnering with Gizmodo to responsibly publish this historic leak. In one of Silicon Valley’s largest leaks, a former Facebook product manager slipped financial regulators stacks of documents containing thousands of confidential memos, chat logs, and a… Continue Reading

The hidden ‘replication crisis’ of finance

Financial Times: “The hidden ‘replication crisis’ of finance. Are swaths of prestigious financial academic research statistically bogus? Campbell Harvey, professor of finance at Duke university, who believes that at least half of the 400 supposedly market-beating strategies identified in top financial journals over the years are bogus. It may sound like a low-budget Blade Runner… Continue Reading

Statement in Support of the Freedom to Vote Act

Democracy Letter November 2021: “We, the undersigned, are scholars of democracy writing in support of the Freedom to Vote Act, the most important piece of legislation to defend and strengthen American democracy since the Voting Rights Act of 1965. This bill would protect our elections from interference, partisan gerrymandering, dark money, and voter suppression. We… Continue Reading

US regulators order banks to report cyberattacks within 36 hours

Bleeping Computer: “US federal bank regulatory agencies have approved a new rule ordering banks to notify their primary federal regulators of significant computer-security incidents within 36 hours. Banks are only required to report major cyberattacks if they have or will likely impact their operations, the ability to deliver banking products and services, or the US… Continue Reading

6 Ways to Make It Harder for Data Brokers to Collect Your Data

MakeUseOf: “Data brokerage is the underground economy that powers online advertising today. They follow us so much everywhere online; it’s hard to believe that this practice of buying and selling our data is even legal. The real-world equivalent of this practice is someone stalking you 24/7, noting your every move, with little or no consequence.… Continue Reading

They Love Crypto. They’re Trying to Buy the Constitution

Another update, November 19, 2021, via WSJ: “Citadel CEO Kenneth Griffin Outbid a Group of Crypto Investors for Copy of U.S. Constitution. The 53-year-old billionaire paid $43.2 million for the historic document, plans to lend it to Crystal Bridges museum in Arkansas..” Update – “ConstitutionDAO loses $43 million auction of rare US Constitution copy. The… Continue Reading

Crunch at Ports May Mean Crisis for American Farms

The New York Times – “…Backlogs and cancellations are hitting growers as costs rise, profits slump and overseas customers shop elsewhere. A supply chain crisis for imports has grabbed national headlines and attracted the attention of the Biden administration, as shoppers fret about securing gifts in time for the holidays and as strong consumer demand… Continue Reading

How to Research a Cryptocurrency Before Investing

MakeUseOf: “About to take the plunge into cryptocurrency? Stop! Make sure you research before parting with any of your hard-earned cash…Cryptocurrencies are built on solid software and there are genuine and promising applications for them. Furthermore, people do make money investing in cryptocurrencies, but people also lose a lot of money in cryptocurrency scams. Therefore,… Continue Reading