Economists show the perils and potential of the coming robot revolution

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 … Continue reading Economists show the perils and potential of the coming robot revolution

The best way to rob us is to own a bank

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 … Continue reading The best way to rob us is to own a bank

Forecasts – Why wait? Read tomorrow’s news … today! (part 3)

Summary:  Part three of four part series.   Here is part one, part two, and part four. Forecast #4: bankruptcy Perhaps only a crisis will catalyze America’s transition to a new form of government. There is no lack of candidates. The last stone in the foundation of America’s greatness was laid by Alexander Hamilton, who as Secretary of the … Continue reading Forecasts – Why wait? Read tomorrow’s news … today! (part 3)