Tag: economics

Piketty's book is the first step toward a new “science” of economics.

The productivity of every man and woman, their ability to do what cheap computers and cheap machines can’t do, is ...

Austrian economics, like Karl Marx' communism, is faith-based economics. It ignores economic evidence, its acolytes spending all their time rejecting ...

What's wrong with Stockman is simple. He does not understand the nature of money. Money is a medium for exchange, ...

Open source is people, my friend.

Here is your future. Energy is free but labor is scarce. It's just the opposite of what most people are ...

There has to be a way to re-start the game when the debtor cries uncle. There has to be a ...

Efficiency technologies create commodity deflation, just as Moore's Law created deflation in goods production and transport. The Austrian School not ...

Open source is a friend of competition. Agreements to share basic infrastructure across an industry let all those in on ...

Office workers are the John Henry of our time. The world of “Mad Men” and “The Organization Man” have become ...