Maximizing Risk and Uncertainty in a Changing World

Notes on Volatility in Cultures of Finance

One of the most remarkable contemporary developments has been the rise of what might be called a “politics of volatility” in which volatility is deliberately produced to take advantage of the uncertainty it creates. Its current embodiment is Donald Trump. Like the efficient market that he embraces, in the primaries, ...
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Maximizing Risk and Uncertainty in a Changing World

Diagnosing American Politics

What the rise of Trump says about American democracy

I have a morbid fascination with Carl Schmitt. Morbid, because he manages to condense, in his political theory and philosophy of law, pretty much everything I find repulsive about the radical right. His pessimism about “human nature” is raw and simplistic and, unlike Hobbes, whom he superficially resembles, ...

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