New Monopoly Pays Women More Than Men
Girls begin with more cash & get paid more for passing ‘Go’
Tag: capital
Federal Government Brings Back Executions, Starting With Five Child Murderers
First federal executions since 2003 to commence
“Breathtakingly Terrible Idea”: Top Dem Wants to Tax Unrealized Capital Gains
Republicans vow to stop plan
There Is One Way Out of Debt-Serfdom: Fanatic Frugality
If we accept that our financial system is nothing but a wealth-transfer mechanism from the productive elements of our economy to parasitic, neofeudal rentier-cartels and self-serving state fiefdoms, that raises a question: what do we do about it? The typical…
The Coming War of Central Banks
History has shifted, and we’re leaving the era of central bank convergence and entering the era of central bank divergence, i.e. open conflict. In the good old days circa 2009-2014, central banks acted in concert to flood the global banking…
The Most Profitable Work Will Be Automated: The Rest Will Be Left to Us
What’s abundant and what’s scarce? The question matters because as economist Michael Spence (among others) has noted, value and profits flow to what’s scarce.What’s in over-supply has little to no scarcity value and hence little to no profitability. What’s abundant…
The True Face of Greek Prime Minister Alexis Tsipras: Meets up with Netanyahu, Endorses Jerusalem as Israel’s Capital
‘Meeting with the Israeli leadership, opening a two day tour in Jerusalem and Ramallah, Tzipras praised the importance of the relations between Israel and Greece and showed that the partnership has survived the political change. While in Jerusalem for a meeting with Israeli President Reuven Rivlin, Tsipras took an opportunity to sign the President’s guestbook, […]
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Why I Will Never Hire Anyone, Even at $1/Hour
One of the most appealing beliefs about technology–that it will always create more jobs than it destroys–is no longer true. It was true in the first and second industrial revolutions, for one simple reason: the new industrial revolution created vast…
Technology, Competition and the ‘Crapification’ of Jobs
Two recent articles shed light on the ‘crapification’ of jobs and the rise of income inequality: Martin Wolf on the Low Labor Participation as the Result of the Crapification of Jobs (Naked Capitalism) The Measured Worker: The technology that illuminates worker…
Israel calls Iceland capital’s boycott ‘pure hatred’
‘Israel has lashed out at a boycott of its products by the Icelandic capital’s city council over the occupation of Palestinian territory, describing it as a “volcano of hatred”. Reykjavik’s council on Tuesday approved a motion to halt the city’s purchase of Israeli products until the occupation ends. “A volcano of hatred is erupting in […]
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