FINANCE

  1. BUSINESS & ECONOMICS
  2. EDITOR'S PICK
  3. FINANCE
Many of us see the stock market as an investment engine for building companies and generating wealth, but the truth is that the stock market works more like an extraction engine. It depletes corporations while contributing to the concentration of wealth. The Stock Market is an Aftermarket Our distorted view of the stock market starts when we believe that buying shares in a publicly-traded company actually invests […]
  1. BUSINESS & ECONOMICS
  2. EDITOR'S PICK
  3. FINANCE
  4. POLITICS
The rise of environmental, social and corporate governance investment (ESG) as a prioritization strategy is driving change in the financial landscape, obliging many companies to get on board. Some observers see the reorientation of investment priorities toward sustainability as a $30 trillion market opportunity, while others insist that, regardless of the money involved, companies must integrate it into […]
  1. BUSINESS & ECONOMICS
  2. FINANCE
  3. TECHNOLOGY
The announcement last week by El Salvador’s President Nayib Bukele that his country would be adopting bitcoin as legal tender, made during a live broadcast at the Bitcoin 2021 conference held in Miami, and subsequently approved four days later by the Central American country’s Parliament, sent the cryptocurrency’s share price up by 5%. In recent weeks, Bitcoin’s value had been hit by increasingly stringent controls over its use in […]
  1. BUSINESS & ECONOMICS
  2. FINANCE
The Turkish government has made a clumsy move to prevent its people seeking refuge against a weak lira (its exchange rate has fallen from €0.45 in 2012 to €0. 10 now), by banning bitcoin, a useless decision criticized by the main opposition party that has caused a temporary fluctuation in the value of bitcoinprompted by the nervousness of those who do not […]
  1. BUSINESS & ECONOMICS
  2. EDITOR'S PICK
  3. FINANCE
  4. TECHNOLOGY
A lengthy article in The Wall Street Journal, China creates its own digital currency, a first for major economy, outlines the likely impact of Beijing’s initiative and the strategic possibilities it offers in terms of avoiding US blockades of its companies, how this will boost its role in international transactions, while allowing it to monitor its […]

Recently Published

Key Takeaway: Concerns about AI’s potential roguehood and potential harm to privacy and dignity are a significant concern. AI’s algorithms, programmed by humans, are also biased and discriminatory. However, a psychologist’s research suggests that AI is a threat to making people less disciplined and skilled in making thoughtful decisions. Making thoughtful decisions involves understanding the […]
Key Takeaway: A study published in the Journal of Personality suggests that long-term single people can be secure and thriving, possibly due to their attachment style. The research found that 78% of singles were insecure, with 22% being secure. Secure singles are comfortable with intimacy and closeness in relationships, while anxious singles worry about rejection […]

Top Picks

Key Takeaway: Leading scientists and technologists often make terrible predictions about the direction of innovation, leading to misalignments between a company’s economic incentives to profit from its proprietary AI model and society’s interests in how the AI model should be monetised and deployed. Focusing on the economic risks from AI is not just about preventing […]
Key Takeaway: The current economic climate is particularly concerning for young people, who are often financially worse off than their parents. To overcome this, it is important to understand one’s financial attachment style, which can be secure, anxious, or avoidant. Attachment theory, influenced by childhood experiences and education, can help shape one’s relationship with money. […]

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I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […]

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