Algorithms are pushing society toward catastrophe, says Apple CEO

“Ethical Markets compliments Tim Cook for his honesty!  See my “Can AI Algorithms Ever Be Ethical” going live Feb 4 on www.wsimag.com   Apple CEO sounds warning of algorithms pushing society towards catastrophe Tim Cook says there will be consequences to having ‘rampant disinformation and conspiracy theories juiced by algorithms’. …

DealBook: How does this end?

“So this is what I meant by calling public stock markets “the Global Casino“, accelerated by HFT and now internet gamers and day traders on Reddit!!  We tried to sound the alarm with our seminar on Wall Street, Nov, 2013 and report “Perspectives on Reforming Electronic Markets and Trading”, 2014. …

Meme stocks, GameStop, and Robinhood’s bid to save itself

“More evidence of the need to fundamentally reform stock markets, as we warned in “Perspectives on Reforming Electronic Markets and Trading“ of the threats posed by computerized trading.  Stay tuned! ~Hazel Henderson, Editor“   The past few days of trading have seen more drama than a Hollywood movie (The Wolf …

Modern Monetary Theory and “Beyond GDP”!

This article by Prof. Fadhel Kaboub goes a long way to explaining why the economic rhetoric of Republican politicians and their libertarian economists has held back needed public investments in healthcare, infrastructure, education and environmental protection.  Of course deficits matter, but so do all the assets they create in both …

BLOOMBERG GREEN: Eric Roston focuses on social costs of pollution

“Ethical Markets highly recommends this report by Eric Roston, targeting on how economists have used various discount rates to calculate the social costs of pollution  by carbon dioxide emissions, and the new clarifying of why it allowed polluters to continue. The challenging of weaponizing of macrostatistics, including GDP, levels of  inflation, deficits, …

Modern Monetary Theory: from the Basics to Application/Beyond GDP

This article by Prof. Fadhel Kaboub goes a long way to explaining why the economic rhetoric of Republican politicians and their libertarian economists has held back needed public investments in healthcare, infrastructure, education and environmental protection.  Of course deficits matter, but so do all the assets they create in both …

DealBook: Please don’t follow the money

“Thanks to Andrew Ross Sorkin for highlighting this crucial discussion of dark money.  Exposed so carefully by Jane Meyer in “Dark Money“ this torrent of anonymous PAC-money has so corrupted our politics and focusing on the role of the corporate-friendly, conservative Supreme Court.  Stay tuned! ~Hazel Henderson, Editor“ Good morning. In his latest …

An Obscure Agency, a Big Rule Change and Huge Consequences for Climate Action

“Ethical Markets expects the incoming Biden Team to overrule this regressive rule rushed into its protocol at the Comptroller of the Currency! One more last minute attempt by Trump to slow climate risk disclosure.  Meanwhile the global transition to the cleaner, knowledge-richer, more equitable greener economies of the solar age continues. …