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My latest novel is "Picks and Shovels," a historical technothriller set in the Weird Era of the PC, about Ponzi schemes, techbros, and the dawn of enshittification:

https://us.macmillan.com/books/9781250865908/picksandshovels

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My latest nonfiction book is "Enshittification: Why Everything Suddenly Got Worse and What to Do About It," from MCD/Farrar, Straus and Giroux:

https://us.macmillan.com/books/9780374619329/enshittification/

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Current homeowners get a cushion for their net worth even as homes get more affordable.

The loser is the investment sector, City boys who buy and sell mortgage debt. And you know, fuck those guys.

Keen finishes by teasing one more policy that he thinks will tie this all together: the intriguingly named Modern Debt Jubilee, a way to "to reduce private debt, but in a way that doesn’t cause an economic collapse," which he says he'll cover in his next post. Can't wait!

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