Econofail

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Modern economic practice appears to be doomed due to our artificially high discount rates on the future. Simply put, people that aren’t alive yet can’t participate in pricing at the present. This primarily effects depletion rates of things that take 

Causes of War

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This kind of stuff makes me think the next (last?) world war will surely be triggered by a tragedy of the commons scenario — most likely environmental, or possibly resource scarcity. People thought another “great war” was unthinkable after WW1, 

Econ question

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How does every grass farmer in Norway and Sweden afford two new BMWs?

Population, technology and growth

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I have been spending a fair amount of time thinking about the costs and benefits of population changes and Tyler Cowen’s examination into the effect of population on technology is an interesting one. I like his immediate focus on the 

Long term impact of technology

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Bookstaber is on point as usual in his post about the impact of technology on our lives. His conclusion is obvious to most technologists and futurists, I would bet, and its refreshing to see a policy maker having this in 

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