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How Much Are Your Volunteer Hours Worth? Social Capital Scrip & the Financial-Tech Experiments with New Forms of Precarious Employment

Reposted with permission from Wrench in the Gears. Original Title: “Social capital” scrip? Fin-tech experiments with new forms of precarious “employment If you consider most activities are awarded 200 points, the per-hour rate of compensation is at most $2 (presuming the … Continue reading How Much Are Your Volunteer Hours Worth? Social Capital Scrip & the Financial-Tech Experiments with New Forms of Precarious Employment

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Minding Our Health: The Nudge, Part Two

Reposted with permission from Wrench in the Gears. The topic of the hearing was reducing healthcare expenditures on chronic illness, which they claimed would amount of hundreds of billions of dollars in “savings.” Given the amount of money on the table, … Continue reading Minding Our Health: The Nudge, Part Two

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Do You Believe a Universal Basic Income will Save Society? Think again.

I can’t help but get a bad feeling whenever a universal basic income is pitched as the next big thing that will fix poverty. Having paid attention to ed-reform, I’ve heard all of this before. Wasn’t No Child Left Behind … Continue reading Do You Believe a Universal Basic Income will Save Society? Think again.

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Digital Nudging: Data, Devices & Social Control

Reposted with permission from Wrench in the Gears. …“Choice architects” create these systems and weave them into public policy. Through strategic application of “nudges,” citizens,  otherwise “irrational actors” in the market, can be guided to conform to economists’ expectations. Through nudges, … Continue reading Digital Nudging: Data, Devices & Social Control