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    Commentary, Economics / capitalism, democracy, innovation, technology /

    The Technological Bright Blue Yonder?

    April 19, 2021

    One of the greatest shifts subsequent to the rise of machinery and industrialization is the social acceptance of apparently  never-ending technological change.  A change, moreover, that we are told will inevitably lead us all towards an improved, more prosperous, healthier, and happier existence.  That this future cannot be precisely determined or known to us is […]

    Commentary, Economics / capitalism, David Ricardo, democracy, machinery question, technology, unemployment, workplace /

    Chapter Thirty-One

    April 16, 2021

    There’s a story about Richard Feynman who is reputed to have said that anyone who claims to understand quantum physics almost certainly does not.  This coming from someone who almost certainly did.  I have much the same reaction to anyone who claims to have understood Ricardo on their first read through his work.  Then again, […]

    Commentary, Economics / capitalism, democracy, Jamie Dimon, JP Morgan Chase /

    Odd Contradictions

    April 15, 2021

    Jamie Dimon, CEO of JP Morgan Chase writes his annual letter to shareholders, Wall Street quivers in anticipation at his wisdom.  This year’s is a doozy.  Dimon, it seems, wants to explain to us all that corporations play many roles in society and are not simply focused on “short term rapacious profit taking” (his words, not […]

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