Episode 10 - Money

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Is the “death of cash” a good thing? What happens when we use algorithms to decide how much things cost? What exactly is the deal with Bitcoin, and how are bros using it to profit from the hurricane in Puerto Rico? In our episode on Money we also chat about the "illusion" that is designer clothes, the theatre of branding, and the brilliant economic theory found in Terry Pratchett's Discworld books.

Footnotes

  1. Spare change is dying, and the UK's homeless people are worried
    https://www.wired.co.uk/article/cashless-society-uk-homeless

  2. Bitcoin rich kids in Puerto Rico: crypto utopia or crypto-colonialism?
    http://theconversation.com/bitcoin-rich-kids-in-puerto-rico-crypto-utopia-or-crypto-colonialism-91527

  3. Inside the bluster and lies of Petro, Venezuela's cryptocurrency scam
    https://www.wired.co.uk/article/venezuela-petro-cryptocurrency-bolivar-scam

  4. When algorithms set prices: winners and losers
    https://www.regulation.org.uk/library/2017-Oxera-When_algorithms_set_prices-winners_and_losers.pdf

  5. When discrimination is backed into algorithims
    https://www.theatlantic.com/business/archive/2015/09/discrimination-algorithms-disparate-impact/403969/

  6. How the internet keeps poor people in poor neighborhoods
    https://www.vox.com/2016/12/12/13867692/poor-neighborhoods-targeted-ads-internet-cartoon

  7. Home Office suspends immigration checks on UK bank accounts
    https://www.theguardian.com/uk-news/2018/may/17/home-office-suspends-immigration-checks-on-uk-bank-accounts

  8. Bank of America freezing accounts of suspected undocumented immigrants: report
    https://thehill.com/blogs/blog-briefing-room/news/404523-bank-of-america-freezing-accounts-of-those-suspected-of-being

  9. Uber, Lyft give refunds for surge pricing after Port Authority bombing
    https://nypost.com/2017/12/11/uber-lyft-give-refunds-for-surge-pricing-after-port-authority-bombing/

  10. The Tyranny of Convenience
    https://www.nytimes.com/2018/02/16/opinion/sunday/tyranny-convenience.html


Ruth Coustick-Deal