The Radford Free Press – Page 35 – All life is problem solving.

Economics / banks, capitalism, competition, Eeckhout, efficiency, Robert Gordon, Veblen /

The Sabotage of Efficiency

November 22, 2021

Sabotage. Not the sort of sabotage we associate with plucky heroes undertaking dramatic action like blowing up railway lines and so on. No, the sort of sabotage that is a great deal more subtle. The kind that is summed up by the metaphorical boiled frog. The slow devious and underhanded chipping away at something termite-like […]

Economics / economic policy, economic theory, Federal Reserve Board, inflation expectations, Jeremy Judd /

And Now For Something Completely Different …

October 4, 2021

My summer of research is almost over. The season here in Vermont is changing and the view from our window will soon be dominated by the brilliant autumnal colors our region is famous for. All is both regular and well. Sort of. Perhaps there’s something in the water down there in New York. There are rumblings […]

Commentary, Economics / artificial intelligence, complexity, George Dyson, technology /

Who’s In Charge: Us or our Technology?

August 23, 2021

So who is in charge? Who controls the flow of technology? Is it us? Or does the technology now control us? We live in a technology infused world. Our current civilization sits on a foundation accumulated through the past few centuries and built of machine power. We cannot separate ourselves from this cumulative support system […]

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