This American Life's hour-long show on "credit-default swaps" is the best explanation I've heard so far for what the hell these things are and how they ended up causing so much havoc. I keep asking economists, bankers, and finance people what this is all about and while I understood that somehow an exotic, unregulated, non-standardised financial instrument had created trillions in semi-illusory wealth, I just couldn't really understand exactly what that meant. This hour-long audio show does a great job of explaining the technicalities of CDSes, and then delves into their history, regulatory context, and problems, ranging from Congress to bankers to people on the street. Great stuff -- an hour well spent.
Another Frightening Show About the Economy
Bang & Olufsen’s H5 Bluetooth, water resistant, in-ear buds are pretty damn great. For $220 they had better be.
Nick Bilton reports on the next round of fake news tools that allow users to manipulate audio and video to change what’s being said, a sort of real-time Photoshop for moving images and audio. Want to make it look like a celebrity used a taboo word, or misquote a politician? No problem!
In November, Bruce Sterling published “Pirate Utopia,” a dieselpunk novella set in the real, historical, bizarre moment in which the city of Fiume became an autonomous region run by artists and revolutionaries, whose philosophies ran the gamut from fascism to anarcho-syndicalism to socialism.
DJI is the world’s leading designer and producer of easy-to-fly drones and aerial photography systems. If you’re a drone enthusiast, you want a DJI. If you know absolutely nothing about drones and think they’re weird, if you win a DJI you’re going to become a drone enthusiast.Enter this giveaway (for free, yes) and you’ll get a […]
Although there will never be a consensus about the best way to make coffee, any coffee connoisseur will agree that controlling the grind of your beans and balancing water temperature are the keys to a tasty cup. Since your plastic coffee pot doesn’t really allow for that kind of customization, going back to the French […]
Not all hackers are malicious information thieves—white-hat ethical hackers work with technology companies to ensure the security of their computer systems and user data. With all of today’s high-profile data breaches, ethical hackers are in considerable demand. To learn these critical skills and break into the high-paying cyber security field, try taking the courses in this […]