Summary: History shows that we oddly focus on small changes coming while ignoring the larger one, because they are truly revolutionary and hence difficult to see and understand. So it is with the third industrial revolution, the oddest so far — and likely to be the biggest. This post shows that some of our top …
Economists show the perils and potential of the coming robot revolution Read More »
Summary:   The Road to Serfdom has rocketed to become a best-seller. Hayek’s warning that government economic planning leads to totalitarian-like societies. His theories are certainly politically useful to the Right. But are they accurate? Perhaps the worst effect of WWII on America was to crack our collective reasoning machinery.  The heady experience of wielding great power against absolute …
Looking at one of the most popular books in the conservative canon: The Road to Serfdom Read More »
Criticism continues to grow about the Geithner Plan (the , which is just a refurbished version of the original Paulson Plan. The consequences of this plan’s failure — operational or political — could be severe.  Squandering the momentum of Obama’s first 100 days in office could make later and bolder economic plans difficult to sell. Political …
