“When Growth is Not Enough” is the title of a recent Ben Bernanke speech in Portugal. I found it via the NYT article on the “Robocalypse”, which contained this bizarre quote [ … ]
Category: Others
Pray for Rain
photo credit: Wikimedia Commons Glastonbury Campsite In my salad days as vulgarity correspondent—that is to say, a reporter on the disgusting ways in which young British people so often chose [ … ]
Nothing is new. A great letter from Jefferson. Truths. Probabilities. Possibilities. Lies
I watch very little television and other than business-y things, I read little of the immediate news which flares continually. If something’s only relevant the day it’s published, it’s not [ … ]
We Need a New American (Social) Revolution
for his full posts and archives. The solution is a new decentralized way of living that bypasses the chokepoints of centralized political and financial power. Solutions abound outside the confines of [ … ]
Cash has no memory
What would a government-backed digital currency look like? A country’s central bank would need to become a deposit-taking institution and hold accounts on behalf of citizens and businesses. All of [ … ]
If a pollster called me, I would tell them the minimum wage should be $15. The reverse prank call
Pollsters don’t call me, this is kinda frustrating ‘cos I have so much to tell them and I hope they ask me the right questions. Even if they don’t I’ll [ … ]
Amazon is a country, Jeff Bezos is its tyrant and we are the useful idiots
On November 22, 250 pilots at ATSG’s Amazon-servicing subsidiary, ABX Air, went on strike to protest the lack of compensatory time off granted after the pilots were forced to work [ … ]
Black Cab
I have long admired taxi drivers. They are often well-informed and have a clear-eyed view of human nature that is neither cynical nor sentimental. In the days when there were [ … ]
Automation and jobs
I am often asked to opine about whether automation will destroy all the jobs. Yes, we talk about tractors, which brought farm employment from something like 70% of the country [ … ]
Black Money. India and the Visible Hand of the Market
This post was written by Kaushik Basu, the C. Marks Professor of International Studies and professor of economics at Cornell University, was chief economic adviser to the Indian government in [ … ]