economics
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Inauspicious News For Our Economy
The whole system of American outsourcing has rendered our industry incapable of producing the next technological innovation, which unfortunately is the key to reconstructing our economy. One example of this is the Kindle. Amazon doesn’t have the means for the…
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Megatrends Now and Later
It seems like every year there are economic predictions and warnings about the impending doom that is coming or the next big thing to look out for, but what became of these megatrends? It turns out many of them lack…
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The Limits of NGOs
Internationally, labor unions have a weaker presence. Making up for this slack are the non-governmental organizations that support health initiatives, women’s rights and ebb environmental degradation, etc. The presence of NGOs internationally, even with a history of positive consequences, have…
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Creating Jobs
The Atlantic discusses job creation in both words and graphs. Derek Thompson breaks down the problem, explains where the jobs are hiding and tells us how we can grow, economically. “Finally, there is the innovation conundrum. Calling for more innovation…
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Not the Greatest Villains Then Living in the World
The other week, The New Yorker published an excellent article by Caleb Crain about the peculiar economics and politics of life aboard a pirate ship in the 17th and 18th centuries. When the captain of an English slave ship was…
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A Brief History of Economics
Two weeks in a row now I’m doing a blog post on the upcoming feature story in the NY Times Magazine. This won’t become a habit–they get plenty of attention on their own. But it’s such a good article on…
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How Judges Think
When it comes to trying to understand people, Richard Posner is an American Sigmund Freud.