Miguel Ayala

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The Problem With 100% Land Value Taxes

A popular tax among neoliberals is a land-value tax. This is a tax on the value of land minus the value of any improvements. The most common critiques of the tax are about the practical difficulty of measuring land value, but I think there are deeper conceptual problems that remain even if you …

Intel is betting $25 million on smart eyewear-maker Vuzix (updated)

Intel clearly sees big potential in the smart eyewear market. In addition to putting its processors in Google Glass and teaming up with Luxottica to create high-tech glasses, it has now invested major cash in internet-connected eyewear-maker Vuzix. According to Vuzix, Intel has just bought $24.8 …

Snapchat now lets you send friends cash to pay for those naughty selfies

Snapchat has become the go-to method for sending naughty nudes to your friends, but with a big update released today, the app is hoping you’ll start using it to send something a little more valueable: money.<p>Snapchat announced today that it’s partnering with Square to bring Snapcash to its ephemeral …

Uber Drivers Are Worried The New Spotify Deal Is Going To Ruin Their Ratings

According to The New York Times' Mike Issac, Uber and Spotify's partnership will give Uber customers the ability to listen to their favorite Spotify playlists during their ride. We don't know the exact details yet, but screenshots obtained by TechCrunch suggest that customers will be able to stream …