big ideas

Sometimes governments just make extra carbon credits.

There is this weird case of carbon accounting. “Shell sold to Canada’s largest oil sands companies millions of carbon credits tied to CO₂ removal that never took place, raising new doubts about a technology seen as crucial to mitigating greenhouse […]

profiles of people

Bridgewater had believability issues.

One of the funniest finance columnists of our age, Matt Levine, explains Bridgewater through the lens of Rob Copeland’s new book The Fund. “Copeland’s thesis is essentially that the “radical transparency” stuff is fake and Bridgewater is a pure cult of […]

on the blockchain

The SEC is coming for Bittrex.

Matt Levine explains in vivid detail the trap that is the US regulatory environment, and the sense of scary foreboding that other US crypto exchanges might be experiencing these days. ~ learn more (open in incognito if paywalled)