How we got here after decades of stability. “Production workers in rich countries lost out big-time, but this was a price our country was willing to pay. America and our rich-world allies went from being the world’s workshop to being… Read More »The end of the system of the world
Why degrowth will not work. “the general principle here is that if we sacrifice much of our economy to decarbonize — as the degrowth movement would have us do — it will provide a negative example to the rest of… Read More »Decarbonization: Think globally, act locally
Why we actualy are making progress with poverty. “So China’s massive growth leap, which Hickel holds up as a successful example of non-capitalist poverty reduction, actually coincided with a radical shift in the direction of free markets, private property, private… Read More »Against Hickelism
At least not rich in the modern sense. “Imperialism is very old — the Romans, the Persians, the Mongols, and many other empires all pillaged and plundered plenty of wealth. But despite all of that plunder, no country in the… Read More »Nations don’t get rich by plundering other nations
Nice crash course into doing a business or understanding how a company works.
This is not only US problem but also Europe’s. “[In a war game of a Taiwan invasion], Washington ran out of key munitions in a matter of days…And as a protracted siege ensued, the U.S. was much slower to rebuild,… Read More »Uh, guys, we really should think about spending more on defense
Some hard truths about shit work. “The fact is, countries do not start out rich; they start out poor, and they get rich by figuring out how to make things that people want. “ https://www.noahpinion.blog/p/the-only-thing-worse-than-sweatshops
Look from different angles on economies. “Median income will tell you the living standard of a typical or middle-class person, in the middle of the income distribution. But if one country leaves a large segment of its populace to languish… Read More »America is generally richer than Europe
Did you know, that missing AC is killing more people in Europe than guns in the US? “With this rise in temperature — and the aging of the European population — has come a rise in preventable death. Estimates of… Read More »Europe’s crusade against air conditioning is insane
Very interesting if confirmed “Multiple large, high-quality randomized studies are finding that guaranteed income transfers do not appear to produce sustained improvements in mental health, stress levels, physical health, child development outcomes or employment. Treated participants do work a little… Read More »Giving people money helped less than I thought it would