Abundance

Abundance

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The last Merchant (In the age of ice)
Why did the economy stop growing around the year 2000? Here is the simplest answer to the most complex question of our time.
 • Maria Alvarez
SpaceX and the Bubble Factory
The four financial bubbles of the twenty-first century are not separate phenomena. They are aftershocks of the same earthquake — one that is about to…
 • Maria Alvarez
Terror in the Supermarkets: What Is Happening in the AI Bubble and Why Should You Care?
We have a drama unfolding: at the very moment companies are preparing to go public, the AI bubble is starting to look like a zombie.
 • Maria Alvarez
Tokenomics: Why AI Won't Be the Fourth Industrial Revolution
Behind the financial bubble lies another: a political bubble. The AI economy lays bare the main problem of our time.
 • Maria Alvarez

May 2026

It's Populism, Stupid!
The political drift of recent years is the cause (not the consequence) of global discontent.
 • Maria Alvarez
The Revenge of the Europoors, or How Europe Will Win the 21st Century
Spoiler: it won’t be by working harder
 • Maria Alvarez
Donald Trump and the Second War of the Worlds
Or: how to defeat the populists
 • Maria Alvarez
Our Father, Who Art in AI
A quick note on something I found both amusing and revealing.
 • Maria Alvarez
Landlord Economics: When You Are the New Oil
How can it be that even the big tech companies — which got where they are precisely by inventing extraordinary products — now want to be in the business…
 • Maria Alvarez
The Great Replacement: Workers for Tokens
The substitution actually taking place in the economy has nothing to do with where people come from. What we are witnessing is a divorce between the…
 • Maria Alvarez

April 2026

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