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Category Archives: World Economics
Baumol Cost Disease? I’m Not Convinced…
Baumol and Baumol’s Cost Disease. I’m not convinced… Continue reading
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Why Robot Labor Is Disruptive But Not Catastrophic
Robotic labor will be disruptive in some industries, but we have had many such disruptive transitions in economic history and handled them well. I explore why, and what kinds of things enter into this decision space and push to the conclusion. Continue reading
Puerto Rico Bankruptcy Officially Begins
Puerto Rico now in Bankruptcy Court. Continue reading
Posted in Political Current Events, World Economics
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Venezuela – how to collapse an economy in 5 easy lessons…
Some comments on how to collapse an economy using Venezuela as the present poster child. Continue reading
