New Books in Science, Technology, and Society cover image

Malcolm Harris, "Palo Alto: A History of California, Capitalism, and the World" (Little, Brown, 2023)

New Books in Science, Technology, and Society

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How to Make Money From Gold Mining

From mining up through the very things that are going on in 20th century in Palo Alto, there's this common quest for what you call a money machine. And so from the beginning, this is how the West is built, right? This is how not just the mining goes on that way. But the railroads in particular are built around these speculative mechanisms. So I think especially in Silicon Valley these days, it's tempting to see it all as a con, as like a fluffy and not real. It's much worse when it works than when it's just a con, right?

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