capital accumulation

2 posts

Accumulation then philanthropy

Nov 23, 2019 2 min read

Peter Woit's review of a new book about Jim Simons, the mathematician and capitalist who set up the Simons Foundation, which funds math and physics research around the world but principally in the…

Veblen cars and useless concerns for the climate

Feb 2, 2018 2 min read

Science accessibility affordability capital accumulation climate change electric-hybrid engine hybrid vehicles Lexus lithium-ion battery LS 500h private transport public transport Veblen goods wealth redistribution wealth signalling

Lexus has an ad on the jacket of today's The Hindu for its new premium hybrid electric vehicle, the LS 500h. The product description states that the car "extends relentless innovation to envi…