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Financialization is a grift, a rarified form of bookmaking, of no net value to workers and consumers, the economy, or society as a whole. Let’s treat it accordingly. Economists and the news media can stop using the word “invest” in contexts where no investing occurs. “Speculate” or “bet” will do just fine.
By Oren Cass
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Despite their name, which derives from an archaic 18th-century term, rare earths are abundant across the planet. Opening a viable rare-earth mine is difficult. Mines can take years before becoming productive. This fixation on mining ignores the industry’s dirty little secret: It is tremendously wasteful. The United States has immense quantities of rare earths and other critical minerals sitting in thousands of mining waste sites.
By Julie Michelle Klinger
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| Last updated: Feb. 06, 17:00 | Page 3 of 8 |


