“Once the country adjusted the playing field that had long favored oil and gas, renewables outperformed on every front: halving costs, creating 50,000 jobs, and protecting the economy from price shocks”.
⬆️ @zeitgeisty
>> #Fed corrects our faults that #US #Economy cannot correct.
The #InvisibleHand needs visible intervention to fight #greed and #corruption.
Here is something I wrote:
Time to read: ±15 minutes
https://pen.waltuh.cyou/autumn/the-paradox-of-ownership-in-the-digital-age
> The Paradox of Ownership in the Digital Age:
How DMCA and DRM Limit Access and Undermine Preservation Efforts
---
#dmca #drm #copyright #ownership #piracy #copyleft #fairuse #economics #invisibleHand #solutions #civilDisobedience #archive #library #preservation #publicDomain #art #writing #research #digitalRights
If you enjoy romantic fantasy fiction, take a look at the US #stockmarket today after the #trumpregime kidnapped the president of a sovereign nation. Tell me again how the market is based on fundamentals. The #invisiblehand is jacking off #47 #freemarket my ass
Of course the human traders aka “the dumb money” are reading headlines from our #sanewashingmedia and the algorithms just keep the line going up. #aibubble #idiocracy #enshitification
😬😓:
“Adam Smith Is Misinterpreted And His Influence Overstated”, The Economist (https://www.economist.com/christmas-specials/2025/12/18/adam-smith-is-misinterpreted-and-his-influence-overstated or https://archive.is/hQpRa).
#Economics #Capitalism #FreeMarkets #AdamSmith #TheWealthOfNations #Legacy #Books #InvisibleHand
It's because the stock market is not the collective wisdom of sober economic evaluation that it is hyped to be.
Someone - I forget who - described it memorably, and far more accurately, as "the stock market is a mood ring for how rich people feel about the economy that day".