#non-use-value

[ follow ]
fromwww.theguardian.com
2 days ago

The hill I will die on: Yes, money can buy you happiness if you spend it right | Eleanor Margolis

Having said that, I refuse to believe there's a single person out there overpaying on rent who wouldn't be happier if they owned a house outright.
Humor
Marketing
fromEntrepreneur
3 days ago

How to Prove Your Worth to Cost-Conscious Customers

Businesses must clearly demonstrate their value to consumers facing economic pressure to maintain sales and customer loyalty.
Careers
fromSilicon Canals
4 days ago

Research suggests the postwar decades produced workers who could delay gratification for years at a time - not because they were wiser than younger generations but because the reward at the end was real and they'd seen it happen with their own eyes - Silicon Canals

Boomers experienced a reliable work reward system that no longer exists, leading to generational disconnects in work expectations.
#adam-smith
Philosophy
fromenglish.elpais.com
1 week ago

Adam Smith's invisible hand: why his ideas are still influential today

Adam Smith's 'Wealth of Nations' explains economic growth through labor productivity and market expansion, emphasizing the wealth of people over state.
Philosophy
fromwww.theguardian.com
1 month ago

The Guardian view on Adam Smith: he deserves rescuing from the free-market myth | Editorial

Adam Smith's economic philosophy has been oversimplified by free-market advocates who misrepresent his nuanced views on self-interest, morality, and the role of institutions in generating wealth.
Philosophy
fromenglish.elpais.com
1 week ago

Adam Smith's invisible hand: why his ideas are still influential today

Adam Smith's 'Wealth of Nations' explains economic growth through labor productivity and market expansion, emphasizing the wealth of people over state.
Philosophy
fromwww.theguardian.com
1 month ago

The Guardian view on Adam Smith: he deserves rescuing from the free-market myth | Editorial

Adam Smith's economic philosophy has been oversimplified by free-market advocates who misrepresent his nuanced views on self-interest, morality, and the role of institutions in generating wealth.
Psychology
fromSilicon Canals
2 weeks ago

The most expensive thing about growing up poor isn't what you couldn't afford. It's the decision-making architecture it installs, where every choice runs through a scarcity filter that adds cost to options other people experience as free. - Silicon Canals

Financial scarcity significantly impacts cognitive performance, altering decision-making processes and creating a lasting influence on individuals' choices beyond material deprivation.
Cryptocurrency
fromBitcoin Magazine
1 month ago

The Core Issue: Outrunning Entropy, Why Bitcoin Can't Stand Still

Bitcoin's verification requirement that all nodes rebuild the ledger from genesis creates growing Initial Block Download burdens that threaten network decentralization by making node operation increasingly resource-intensive.
Women in technology
fromPsychology Today
1 month ago

Creative Potential Is Equal; Recognition Is Not

Research demonstrates no gender differences in creative thinking ability, yet women receive significantly less recognition and support for creativity across industries, creating unequal outcomes despite equal potential.
E-Commerce
fromRetail Brew
1 month ago

Consumers say they're financially worse off and it's changing how they shop

One in four Americans report worsening financial situations, driving widespread cost-cutting across groceries, personal care, dining, travel, and discretionary spending, with consumers increasingly favoring budget retailers and value-focused options.
Data science
fromTheregister
1 month ago

Unpacking the deceptively simple science of tokenomics

AI datacenter efficiency is measured by tokens generated per watt, with profitability determined by token revenue minus infrastructure costs, but optimization must balance throughput with service quality requirements.
Artificial intelligence
fromPsychology Today
1 month ago

Intelligence as a Commodity

Framing intelligence as a metered utility service risks shifting it from a cultivated human capacity to an external commodity, potentially weakening the cognitive habits and judgment-building processes developed through personal effort and experience.
Marketing
fromForbes
1 month ago

The Third Model In The Creator Economy: Pay For Participation

College students deeply love no more than five brands at any given time, creating intense competition for limited brand loyalty slots among hundreds of competing brands.
Psychology
fromSilicon Canals
1 month ago

Behavioral economists found that people with substantial savings who live modestly aren't being frugal - they've discovered that the security of untouched wealth provides more psychological satisfaction than any material display ever could - Silicon Canals

Financial security from modest spending and consistent saving provides greater psychological satisfaction than wealth displays or increased consumption.
fromMedium
1 month ago

The justification tax

Kantar's codebase was legacy old. The kind of technical debt that isn't a line item on a sprint board but a structural reality that shapes every decision the company makes. Rebuilding the architecture to support what I'd designed would have cost more than the organization was willing to invest, regardless of the Barilla deal sitting on the table.
UX design
fromThe Art Newspaper - International art news and events
1 month ago

Book on 'useful art' offers timely retort to the commodification of artists' work

The reason why useful art will change the world is that art, as we have come to know it since the 18th century, is the subject of 'neoliberal occupation', government regulation and commercial sponsorship. It has become useless, but not because the aesthetic exists in a Kantian separate world, but because, like everything else, including ourselves, it has become part of the neoliberal circulation of commodities, instrumentalised by the creative industries.
Arts
fromSilicon Canals
1 month ago

I spent six months mapping who actually profits from AI - and the class architecture I found is the most elegant wealth extraction system ever designed - Silicon Canals

I mean a structured system in which different tiers of economic actors are positioned - by design, not by accident - to either extract value or have value extracted from them. And what I found in the AI economy is not a bug. It's not an unintended consequence. It's the product itself.
Silicon Valley
Marketing tech
fromThe Drum
2 months ago

Treat the underlying causes, not the symptoms of marketplace inefficiency

Relying on Google's Chrome ad filter and the Coalition of Better Ads risks leaving many substandard ads unaddressed due to low standards and duopoly influence.
Relationships
fromSilicon Canals
2 months ago

You know someone values money over people when they display these 7 subtle behaviors - Silicon Canals

Some people prioritize wealth and status over relationships, revealing transactional behaviors like keeping score, networking superficially, and ignoring others' personal hardships.
Philosophy
fromApaonline
1 month ago

Will Pricing Algorithms Spell the End of the Fair Market Price?

Personalized pricing algorithms use consumer data to estimate individual willingness to pay and adjust prices accordingly, raising concerns about fairness and transparency in commerce.
fromSilicon Canals
2 months ago

8 shopping habits that look "cheap" but are actually signs of intelligence and discipline - Silicon Canals

We live in a world where spending freely is often seen as a sign of success. Flash your credit card without checking the price tag, and you're "living your best life." But here's what I've learned after running my own businesses and studying consumer behavior: The shopping habits that look "cheap" are actually the ones that separate the financially intelligent from those drowning in debt. The truth? Those "cheap" behaviors are about discipline, long-term thinking, and understanding the real value of money.
Business
Digital life
fromwww.theguardian.com
2 months ago

My week of only using cash: could a return to notes and coins change my life?

Switching from contactless cards to carrying only cash can impose immediate spending limits and increase awareness of purchases, helping curb impulsive spending.
fromFaithandfearinflushing
2 months ago

Transactions in a Lifetime

The agate type that used to fill newspapers' TRANSACTIONS boxes and for all I know still do can change everything - about your team, about the players within, about the course of your expectations and satisfaction as fan. While the Hot Stove barely simmers, Kyle Tucker rumors notwithstanding, I'd like to take this opportunity revisit a few picas worth of Mets transactions through time.
Major League Baseball
#consumer-spending
fromSilicon Canals
2 months ago
Psychology

Quote of the Day: "Too many people spend money they haven't earned to buy things they don't want to impress people they don't like" - Silicon Canals

fromSilicon Canals
2 months ago
Psychology

Quote of the Day: "Too many people spend money they haven't earned to buy things they don't want to impress people they don't like" - Silicon Canals

Public health
fromThe Atlantic
2 months ago

America's Annoyance Economy Is Growing

A 62-year-old man died uninsured after an insurance enrollment error, leaving his family responsible for a roughly $270,000 hospital bill.
fromwww.theguardian.com
1 month ago

We can move beyond the capitalist model and save the climate here are the first three steps | Jason Hickel and Yanis Varoufakis

We have an urgent responsibility. Our existing economic system is incapable of addressing the social and ecological crises we face in the 21st century. When we look around we see an extraordinary paradox. On the one hand, we have access to remarkable new technologies and a collective capacity to produce more food, more stuff than we need or that the planet can afford. Yet at the same time, millions of people suffer in conditions of severe deprivation. What explains this paradox? Capitalism.
Left-wing politics
fromwww.theguardian.com
2 months ago

Rethinking Economics, the movement changing how the subject is taught

These disparate strands came together in early 2013 at the London School of Economics with the inaugural meeting of Rethinking Economics a student-led organisation that has gone on to challenge the way economics is taught at universities around the world. That first meeting was a bit chaotic, recalls Yuan Yang, one of the group's founders and a Labour MP since 2024.
Higher education
Psychology
fromPsychology Today
2 months ago

How You Decide If Something Is Expensive

False urgency, social comparison, and lifelong financial anchors distort perceived value, leading to purchases that prioritize short-term emotion over long-term utility.
#art-market
fromAeon
2 months ago

Why Hume is better at explaining modern capitalism than Marx | Aeon Essays

Left-leaning regions of the United States and elsewhere in the world among the richest? When Japan and South Korea sought to become economic powerhouses in the later 20th century, they adopted Leftist policies such as strong public education, universal healthcare and increased gender equality - if countries seeking to compete in capitalist arenas adopt broadly Leftist policies, then how do we explain why Leftists are always talking about overthrowing capitalism?
Philosophy
fromSilicon Canals
2 months ago

The psychology of status symbols: 7 choices that reveal more than you probably think - Silicon Canals

You know that split-second pause when someone asks what you do for a living at a party? That momentary calculation where you decide whether to say "I'm a writer" or "I work in content creation" or maybe throw in something about "behavioral analysis"? I've been there more times than I can count, and it got me thinking about all the tiny choices we make that secretly broadcast who we are, or who we want people to think we are.
Psychology
Artificial intelligence
fromFuturism
2 months ago

Sam Altman Says AI Will Cause Massive Deflation, Making Money Worth Vastly More

OpenAI commits over $1 trillion to build massive data centers while burning billions, slowing hiring, and predicting AI will drive massive deflation and individual empowerment.
[ Load more ]