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The Wolf-Krugman Exchange: Power, plutocracy and political economy
Financial Times· 2025-12-17 09:37
In this final episode of their series for The Economics Show, FT chief economics commentator Martin Wolf and Nobel laureate Paul Krugman consider listeners’ questions and comments ranging from a critique of globalisation, increasing inequality and plutocracy, the global appetite for US federal debt, China’s economic future and much more. Paul’s cultural coda: https://www.youtube.com/watch?v=enuOArEfqGo Martin’s cultural coda: https://www.youtube.com/watch?v=c-r2vu4t9-g Read Martin’s column: https://www.ft.c ...
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vitalik.eth· 2025-11-30 09:31
I hope Zcash resists the dark hand of token voting.Token voting is bad in all kinds of ways (see https://t.co/Cvl7CFVgtc ); I think it's worse than Zcash's status quo.Privacy is exactly the sort of thing that will erode over time if left to the median token holder.Darklight Z 🛡️ (@DignityCipher):@naval @MindsFiction @zooko Markets are indeed plutocracies, which is exactly why they are terrible at preserving civil liberties.A plutocracy optimizes for 'number go up' in the short term. If removing privacy pump ...