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Finish enclosure concept

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sdiehl 2022-04-05 08:58:10 +01:00
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concepts/bond.md
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@ -3,5 +3,6 @@ A bond is a [security](security.md) financial product that represents a promise
## References ## References
1. Roche, Cullen O. 2011. ‘Understanding the Modern Monetary System’. http://ssrn.com/paper=1905625. 1. Roche, Cullen O. 2011. ‘Understanding the Modern Monetary System’. http://ssrn.com/paper=1905625.
1. Varoufakis, Yanis. Foundations of economics: A beginner's companion. Routledge, 2002.
1. Grinold, Richard C., and Ronald N. Kahn. Active portfolio management: Quantitative theory and applications. Probus, 1995. 1. Grinold, Richard C., and Ronald N. Kahn. Active portfolio management: Quantitative theory and applications. Probus, 1995.
1. Wilmott, Paul. Paul Wilmott introduces quantitative finance. John Wiley & Sons, 2007. 1. Wilmott, Paul. Paul Wilmott introduces quantitative finance. John Wiley & Sons, 2007.

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concepts/enclosure.md
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## Enclosure ## Enclosure
Historically *enclosure* referred to the feudal appropriation of common land or public goods by nobility. Historically *enclosure* referred to the feudal appropriation of common land or public goods by a [cartel](cartel.md) or nobility. In modern terms it refers to the process by which businesses corner a market through predatory capitalism and [regulatory capture](regulatory-capture.md) to ensure they can rent seek in perpetuity. This is often done through undercutting competitors through anti-competitive pricing schemes or subsidizing services by an influx of external capital to drive out competition.
See also [market manipulation](market-manipulation.md), [public goods problem](public-goods-problem.md) and [free rider problem](free-rider-problem.md). See also [market manipulation](market-manipulation.md), [public goods problem](public-goods-problem.md) and [free rider problem](free-rider-problem.md).
## References ## References
1. UK Parliament (2021). "Enclosing the Land". London: UK Parliament. Retrieved 14 May 2021.
1. Varoufakis, Yanis. "Techno-feudalism is taking over." Project Syndicate Op-ed 28 (2021).

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meta/concepts-todo.md
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@ -111,7 +111,7 @@ Fourth Pass
Fifth pass Fifth pass
- [ ] [enclosure](../concepts/enclosure.md) - [x] [enclosure](../concepts/enclosure.md)
- [x] [amm](../concepts/amm.md) - [x] [amm](../concepts/amm.md)
- [x] [dex](../concepts/dex.md) - [x] [dex](../concepts/dex.md)
- [x] [narrative-economics](../concepts/narrative-economics.md) - [x] [narrative-economics](../concepts/narrative-economics.md)