Russian Economy, Interest Rates, AM Radio, and the Doctrine of Discovery

Tuesday morning news drop

  • Actually, the Russian Economy Is Imploding: Nine myths about the effects of sanctions and business retreats, debunked. (Foreign Policy)

  • Why doesn’t the Fed just hike 200bp all at once? The cases for and against bold, abrupt moves (Noahpinion)

  • After the Great Resignation, where did all the Canadian workers go? Stories from across the country tell of people turning to new careers, education and priorities (CBC)

  • Want to lay off workers more smoothly? There’s a startup for that: There’s one startup that is thriving in the market turmoil. And it’s sort of the perfect metaphor for the current state of tech. The company is called Continuum, and it’s cashing in at layoffpalooza. (NPR)

  • Lumber bubble 2.0 just burst Since the beginning of the pandemic, lumber prices have been more volatile than at almost any other time in history, leading to some major headaches for homebuilders and buyers (Fortune)

  • What if the suburbs were just a first draft? Remote work, the arrival of home-owning millennials, and other forces can be an opportunity to remake them for the better. (Vox)

  • An Indigenous scholar on why the Pope needs to address the Doctrine of Discovery Steven Newcomb, Shawnee/Lenape scholar, calls it the 'Doctrine of Domination' (CBC)

  • The Doctrine of Discovery explained and what would happen if the Pope revoked it The idea that Europeans could claim land not belonging to them, which is inherent in the Doctrine of Discovery, paved the way for the Indian Act and residential schools (National Post)

  • Why are cars so expensive now? A look at the reasons behind the skyrocketing prices and ballooning auto loans. Grid found a net increase of nearly $13,000 in the cost of a new vehicle. Where does that extra cost come from? (Grid)

  • How electric vehicles could spell death for the oldest form of radio broadcasting My neighbourhood is lousy with electric vehicles: all flavours of Teslas, scattered Volts and Bolts, a selection of Hyundais and KIAs, a couple of Nissan Leafs (Leaves?) along with some Taycans, at two Polestars that I’ve seen, and at least one Lucid. They’re all loaded with so much fabulous spaceship tech that the mind boggles at what our driving experiences will be in the next 10 years. (Global)