by Sandwichman at Econospeak Supply Creates Its Own Demon: Marc Andreessen and “Textbook Luddism” Marc Andreessen has a column in the Financial Times with the headline, “Robots will not eat the jobs but will unleash our creativity.” Here are the first two paragraphs: A growing number of people seem to fear that robots will eat […]

Perhaps something to slow down speeding thoughts this morning….or just fun.  Beautiful weather here near Boston at dawn. Post by Organ Donors.

by New Deal democrat at Bonddad blog   Re-posted with author’s permission. Greg Mankiw: as duteous to the vices of plutocracy as badness would require There is a drastic moral difference between those who write garbage analysis because they are mistaken, and those who write garbage analysis that is loathesome.  Greg Mankiw embarrasses Harvard with an […]

The Trans Pacific Partnership (TPP) trade pacts, the increased desire to ‘invert’ ownership and headquarters by ‘American’ companies, TISA (published only by Wikileaks?), points us to a world managed by what organizations? Via Alternet comes a note in TISA, a trade agreement that tries to frame itself in the private/government rhetoric, but we need to […]

From the BBC comes a note on a crowd control drone:      South Africa-based Desert Wolf told the BBC it had secured the sale of 25 units to a mining company after showing off the tech at a trade show. It is marketing the device as a “riot control copter” that can tackle crowds […]

Sandwichman at Econospeak points us to common threads in a blast from the past: Economic science: “this magazine of untruth” The complaint one makes against that anti-social jargon, which so easily passes for economic science, is that it is in ludicrous opposition to the common observation of facts. Political economy professes to be a science […]

Simon-Wren Lewis at Mainly Macro is on target with the term ‘privatization’ as a way to ‘save’ money and add ‘efficiency’.  Of course no slogan making the claim can begin with ‘it depends…’: Privatisation and government debt Possibly the worst argument for privatizing part of the public sector is a supposed ‘need’ to reduce public […]