Misaligned Markets
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Mike

A collection of 5 posts
Unfair Seesaw - Open Clip Art
4 paradoxes

The tension at the heart of market capitalism

Capitalism promises competition, but its biggest winners avoid it. Separating markets from capitalism explains this paradox.
01 Jul 2025 14 min read
When optimization goes wrong: Caught in Mammon’s Grasp
Mammon

When optimization goes wrong: Caught in Mammon’s Grasp

We return to my metaphor for maloptimization, or optimization failure, to describe different ways optimization processes often go wrong.
18 Apr 2025 18 min read
Book list - Rising Risks: Navigating the Modern Risk Society
booklist

Book list - Rising Risks: Navigating the Modern Risk Society

Complex risks, fueled by abstract and sometimes interrelated crises, are becoming a common feature of the modern world and our politics.
14 Feb 2025 6 min read
The Matrix - Agent Smith Dodging with Kung Fu
information asymmetry

The lethal economics of corporate kung fu

Does competition in market capitalism incentivize increasingly cleverer ways of bypassing economic competition?
29 Jan 2025 7 min read
Pileup of plastic waste in Thilafushi, 2012 - Credit Dying Regime: https://www.flickr.com/photos/dyingregime/8283823882/
externalities

What's the purpose of Misaligned Markets

Misaligned Markets is the result of a long intellectual journey to understand the structure and moral dimensions of markets under capitalism.
21 Jan 2025 4 min read
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