EP 375: Is this really a new economy? (Time & Money 4)
b'I\\u2019ve been talking about the \\u201cnew economy\\u201d since about 2010. But more and more, I recognize that the economic possibilities created through the internet aren\\u2019t nearly as new or innovative as I\\u2019d first thought (and hoped). It seems that the old economy is just making itself over as the not-so-new economy. In this episode, I explore 3 processes of the old economy\\u2014speculation, financialization, and liquidation\\u2014to pinpoint how they\\u2019re showing up in our digital world of independent work.\\n\\n\\n\\nI weave together the housing market, creator economy, Great Recession, and crypto promises to help you situate yourself in this strange, not-so-new world. At times, it\\u2019s a bleak story\\u2014but ultimately, understanding where we\\u2019re at gives us a better opportunity to make different, more humane choices.\\n\\n\\n\\nResources:\\n\\n\\n\\n* CNBC Interview with NewNew Founder Courtne Smith* Investopedia on financialization* *The Big Short* by Michael Lewis* Michael Lewis on 60 Minutes* \\u201cHow the financial crisis changed jobs\\u201d from Marketplace* Gig Economy explainer via Marketplace* NFTs explainer via Marketplace* \\u201cHow Money Became The Measure Of Everything\\u201d by Eli Cook* \\u201cThe complicated reality of doing what you love\\u201d by Marian Bull* Greater Fool Theory on Investopedia* \\u201cI crowdfunded a novel using cryptocurrency\\u201d by Elle Griffin'