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The Undesirables
The industrial dream has gone universal, and it is making the West poorer — just not in the way we expected.
Aug 25
•
Maria Alvarez
5
On productivity and desire
In this summer series where we try to answer the question "what is wealth", today we discuss how to be really productive in our modern, complex world.
Aug 12
•
Maria Alvarez
3
4
3
Adam Smith's Error
How a Scottish philosopher's half-truth became the operating system of the modern world — explained, in part, by a nursery rhyme.
Aug 4
•
Maria Alvarez
8
July 2026
The Great Transfer
Every year, in every Western country, one generation makes a great transfer to pay a debt to the past.
Jul 29
•
Maria Alvarez
1
The Broken Understanding Machine
A manifesto on AI reveals how hard we find it to make sense of the present. We dig into the debate it has sparked — plus the latest on the bubble.
Jul 21
•
Maria Alvarez
1
July 4th, 2026: The Party at the End of the American Century
The moment we're living through doesn't resemble the dot-com bubble — it resembles a far more fearsome crisis: the crash that in 1929 ended British…
Jul 8
•
Maria Alvarez
1
Tartan Army: The Europoors Conquer the American Empire
The World Cup shows us why Europe isn't just keeping up in the global development race — it's the region best positioned to win it.
Jul 6
•
Maria Alvarez
2
June 2026
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.
Jun 22
•
Maria Alvarez
1
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…
Jun 16
•
Maria Alvarez
2
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.
Jun 9
•
Maria Alvarez
2
2
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.
Jun 1
•
Maria Alvarez
3
May 2026
It's Populism, Stupid!
The political drift of recent years is the cause (not the consequence) of global discontent.
May 26
•
Maria Alvarez
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