Tag: economics
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Time to put away childish things
Update (2013 Feb 4): Noah Smith has an awesome response to the attack on Prof. Krugman, too. Paul Krugman today discusses a post on “How to Debate Paul Krugman”, which by all appearances is a serious piece. The answer can be boiled down to “Ask questions like a child”: This seems to me to be…
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Noah Smith on the Rise of the Machines
Here’s a worthwhile read from Noah Smith on the future of an economy where most work is done by robots. I’ve actually thought about this for a long while. How can a democracy survive if all the economic oomph lies in the very few owners of capital? As much as he was (justifiably) derided, President…