Category Archives: Economics

The Relentless Pace of Automation

In MIT Technology Review, Dave Rotman discusses “The Relentless Pace of Automation”: But many economists argue that automation bears much more blame than globalization for the decline of jobs in the region’s manufacturing sector and the gutting of its middle … Continue reading

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The Great Displacement

As I’ve noted here several other times, job automation is the most underreported story in the national discussion, something that is sure to cause future social upheaval of the highest order. If you pay attention, though, you’ll see various news … Continue reading

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The Arc of Automation

In China, a brave new factory eliminates the vast majority of its workers, and productivity is up! One of China’s first unmanned factories in the city of Dongguan recently replaced 590 of its workers with robots and the results were … Continue reading

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Mark Blyth on the 2016 US Election Results

From Tucker Carlson’s show tonight: https://www.youtube.com/watch?v=_Bh08BLv9Es Here is the Mark Blyth talk from this past Nov that Tucker praised tonight: https://www.youtube.com/watch?v=tD5vJrFsGVI Check out the first 10 min. After that, it peters out although there are occasional salient moments. Blyth is, … Continue reading

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Behavioural Economics Bummer

In its predictive power and future for marketers in the fields of commerce and politics, the field of behavioural economics is… depressing… Depressing in that a science will likely evolve with an evermore powerful and nuanced ability to predict, for … Continue reading

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Fifty Ways to Leave Leviathan

In the current issue of The Freeman is “Fifty Ways to Leave Leviathan“, where Max Borders & Jeffrey Tucker discuss some of the bottom-up, libertarian-oriented dynamics rapidly changing society, and with the potential to bypass the State. There’s a brief … Continue reading

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David Landes: RIP

David Landes has died at the age of 89. My eyes were widened by his most influential book, The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor (1998). His was a bold analytical take … Continue reading

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Ronald H. Couse

UChicago’s Ronald H. Coase has died at the impressive age of 102. Ronald H. Coase, whose insights about why companies work and when government regulation is unnecessary earned him a Nobel Memorial Prize in Economic Science in 1991, died on … Continue reading

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