How to Build a Stronger Economy

Jim Clifton, chief executive of Gallup Inc., has a robust theory about entrepreneurialism and economic recovery.

The Economics of Artificial Intelligence

When looking at artificial intelligence from the perspective of economics, we ask the same, single question that we ask with any technology: What does it reduce the cost of? Economists are good at taking the fun and wizardry out of technology and leaving us with this dry but illuminating question. The answer reveals why AI is so important relative to many other exciting technologies. AI … [ Read more ]

Here’s the science behind the Brexit vote and Trump’s rise

What is the essential dividing line between human beings around the world? The one between the haves and the have-nots? East and west, rural and urban, secular and religious? Or maybe globalists and nationalists – a split purported to explain Putin, Brexit and the rise of Trump? These divisions are all significant, but none provide a consistent way of understanding differences observed from antiquity to … [ Read more ]

“Socialism” vs. “capitalism” is a false dichotomy

We need go-go capitalism to afford a generous welfare state, and people won’t support go-go capitalism without a safety net. “Socialists” and Republicans forget different parts of this lesson.

A Healthy Economy Should be Designed to Thrive, Not Grow

The Doughnut of social and planetary boundaries

What would a sustainable, universally beneficial economy look like? “Like a doughnut,” says Oxford economist Kate Raworth. In an eye-opening talk, she explains how we can move countries out of the hole—where people are falling short on life’s essentials—and create regenerative, distributive economies that work within the planet’s ecological limits.

After the Fall

It’s been said that the four most expensive words in the world are: ‘This time it’s different.’

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One of the things that happens in economic good times – a very clear lesson from history which is repeatedly ignored – is that money gets too cheap. Too much credit enters the system and there is too much money looking for investment opportunities. […] it is an iron … [ Read more ]

Republican or Conservative, You Have to Choose

Conservatism, as Roger Scruton reminds us, was founded during the 18th-century Enlightenment. In France, Britain and the American colonies, Enlightenment thinkers were throwing off monarchic power and seeking to build an order based on reason and consent of the governed. Society is best seen as a social contract, these Enlightenment thinkers said. Free individuals get together and contract with one another to create order.

Conservatives said … [ Read more ]

Wrongology 101

The person who is wrong on purpose is afraid of the vulnerability of trying at a task that may fail. In particular, afraid of the process of learning. The “indefinite approximation” Sartre mentions is the process of double-checking, doubting, asking questions, second-guessing, saying “oops”, moderating or complicating one’s views, all the millions of mental motions involved in trying to understand things accurately. The person who … [ Read more ]

The Rise of Right-Wing Foreign Policy in America

Rex Tillerson may have represented the last gasp of a certain kind of moderate Republican thinking about the world.

People Don’t Actually Know Themselves Very Well

Chances are, your coworkers are better at rating some parts of your personality than you are.

Four Ways to Find Meaning in Life

According to Emily Esfahani Smith, happiness arises from a deep sense of contentment rather than the incessant and unyielding grasping for pleasure. This contentment can be derived by seeking, cultivating, and maintaining the four pillars of meaning,

  1. Belonging. Only through focusing on others do we build the pillar of belonging for both ourselves and for them. If we want to find meaning in our own

[ Read more ]

Why We’re Underestimating American Collapse

The Strange New Pathologies of the World’s First Rich Failed State