Category Archives: Economy

Positive Economics And International Trade

It seems to me…. “The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” ~ Thomas … Continue reading

Posted in Automation, Automation, Automation, College, College, Comparative Advantage, Comprehensive and Progressive Trans-Pacific Partnership, Computerization, Consumer Surplus, CPTPP, Disparity, Education, Elections, Employment, Employment, Employment, employment, EU, EU, European Union, European Union, Exports, Globalization, Globalization, High School, Imports, Income, Inequality, Inequality, Japan, Japan, Jobs, Manufacturing, NAFTA, Normative Economics, normative EconomicsN, North American Free Trade Agreement, Off-Shoring, Off-Shoring, Offshoring, Outsourcing, Positive Economics, Producer Surplus, Technology, TPP, Trade, Trade, Trans-Pacific Partnership, Trump, University, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Productivity Growth

It seems to me…. “Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.” ~ William E. Simon[1]. Productivity growth, which is … Continue reading

Posted in 3D Printing, Additive Manufacturing, AI, AI, Artificial, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Compensation, Economy, Education, Energy, Globalization, Income, Income, Industrial Revolution, Inequality, Inequality, Inequality, Intelligence, Internet, Internet of Things, Internet of Things, Internet of Things, IoT, IoT, IoT, Manufacturing, Manufacturing, Off-Shoring, Off-Shoring, Postindustrial, Productivity, Productivity, Robotics, Robotics, Steam Engine, Technology, Wages, Wages, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Survival Limitations

It seems to me… “This is the way the world ends This is the way the world ends This is the way the world ends Not with a bang but a whimper.” ~ T. S. Eliot (The Hollow Men). Everyone … Continue reading

Posted in Agriculture, AI, AI, Aira Caldera, Andromeda, Apis Mellifera, Artificial, Artificial Intelligence, Artificial Intelligence, Cacogenics, Catastrophic, Chicxulub, Civilization, Climate, Climate Change, Communications, Crisis, Crops, Disaster, Disease, Drake Equation, Dysgenics, Economy, Employment, employment, Environment, Environment, Extinction, Extinction, Extinctions, Extraterrestrial, Farm Land, Farming, Farms, Finance, Frank Drake, Gini Coefficient, Gini Coefficient, Global Warming, Global Warming, Honeybees, Hypercane, Inequality, Inequality, Inequality, Jobs, Kagoshima Prefecture, Kyūshū, Lake Toba, Long Valley, Megacaldera, Nanotechnology, North Island, North Sumatra, Pandemic, Permian-Triassic, Plague, Siberian Traps, Society, Space, Stephen Hawking, Supervolcanoes, Taupo Volcano, Telomere, Termination Event, Threats, Unemployment, University of California – Santa Cruz, Valles Calderas, Volcanoes, War, Weather, Weather, Yellowstone | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Effects of Economic Inequality

It seems to me…. “Ill fares the land, to hastening ills a prey, Where wealth accumulates, and men decay.” ~ Oliver Goldsmith[1]. Every previous civilization has been destroyed by the unequal distribution of wealth and power. The more advanced the … Continue reading

Posted in AI, Artificial Intelligence, Automation, Automation, Caucasian, Demagogue, Economics, Economist, Economy, Education, Elections, Employment, Employment, employment, Gini Coefficient, Income, Income, Industrial Revolution, Inequality, Jobs, Jobs, middleclass, Non-Hispanic, Populism, Poverty, Robotics, Technology, Trump, Unemployment, Unemployment, Wages, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

U.S.-Iranian Relations

It seems to me…. “Iran rejects weapons of mass destruction based on its belief system, its religious belief system, as well as well as its ethical standpoint.” ~ Hassan Rouhani[1]. The nuclear agreement signed with Iran on 14 July 2015, … Continue reading

Posted in Ambassador, Assembly of Experts, Baha’i, Bloomberg News, Bonyad, China, Christian, CIA, Energy, Envoy, Global Terrorism Database, Iran, Iran, Iraq, Iraq, Islam, Israel, JCPOA, Jewish, Joint Comprehensive Plan of Action, Kenya, Middle-East, Mirza Abolhasan Shirazi, Mohammad Mosaddegh, Nassereddin Shah Qajar, Nuclear Agreement, Parliament, Persia, Petroleum, Prime Minister, Recession, Rial, Rouhani, Russia, Samuel G. W. Benjamin, Sanctions, Saudi Arabia, Saudi Arabia, Shah, Shi’ite, Sunni, Tanzania, Tehran, Tehran Stock Exchange, Turkey, USS Cole, Wahhabi, Wahhabi Salafism | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Living With Immigration

It seems to me…. “Ours is an open and accepting society and has historically provided an avenue for lawful immigration to all those willing to accept the responsibilities of citizenship.” ~ Spencer Bachus[1]. The entire world is in an age … Continue reading

Posted in Afghanistan, Bernie Sanders, Britain, California, California, Central America, Christian, Clinton, DACA, Deferred Action for Childhood Arrivals, Diversity, Employment, Employment, Employment, Ethiopia, Europe, Europe, Globalization, Greece, Greece, Illegal, Immigrant, Immigration, Iran, Iran, Iraq, Iraq, Jobs, Jobs, Jordan, Lebanon, Mexico, Mexico, Mexico, Middle East, Middle-East, Migration, Morocco, Muslim, Muslim, New York, Pakistan, Populism, Refugee, Somalia, Syria, Temporary Protected Status, Texas, Texas, Trump, Turkey, Turkey, World War II | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Trump Just Doesn’t Get It

It seems to me…. “We must speak our minds openly, debate our disagreements honestly, but always pursue solidarity.” ~ Donald Trump[1]. I have avoided directly commenting on Trump’s performance as U.S. President for quite some time. While believing his actions … Continue reading

Posted in AI, AI, Artificial Intelligence, Asia, Automation, Barack Hussein Obama II, Bernie Sanders, Budget, Carmen Reinhart, China, China, Climate, Clinton, Deficit, Deficit, Donald Trump, Economy, Elections, Employment, Environment, Federal Reserve, Global Warming, Globalization, Globalization, Harassment, Harvard, Hillary Clinton, Homosexual, Honesty, Howard Stern, Immigrant, Immigration, Inequality, Intelligence Agencies, John Maynard Keynes, Kenneth Rogoff, Keynes, Less-Educated, Lies, Lies, Manchurian candidate, Marco Rubio, Mental Health, Minorities, Muslim, News, Obama, Paranoia, Populism, President Vladimir Putin, Putin, Recession, Refugee, Russia, Russia, Schizophrenia, Sex, Sexual Assault, Sexual Misconduct, Taxes, Technology, Ted Cruz, trade, Trans-Pacific Partnership, Trump, Virgil, Voters, World Trade Organization, World Trade Organization, World Trade Organization, WTO | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment