BIG and BOT Policy Proposals (transcript) - "Many of our current economic policies originated during times of scarcity. But now, says investor Albert Wenger, we live in an era of 'digital abundance', when creating new products costs virtually nothing. To adapt to the resulting economic upheavals, we won't need just more tech, says Wenger, but some strong policies. Here he explores two: basic income guarantee and the right to be represented by a bot." [more inside]
How The Economic Machine Works by Ray Dalio actually makes a case against austerity and for redistribution, but also for money printing (and, arguably, for bailouts), while stressing the need to keep making productivity-improving public and private investments. However, it could be equally entitled: How The Industrial Age Political-Economy Doesn't Work Anymore, viz. Surviving Progress (2011)... [more inside]
Economists and the theory of politics - "why unions were often well worth any deadweight cost" [more inside]
...the Department of Transportation will not keep secret the data we collect on birds striking airplanes. - Ray LaHood, United States Secretary of TransportationFrom the dreaded mourning dove to the nefarious Canada goose to the humble armadillo, the FAA's recently released National Wildlife Strike Database ON-LINE contains information on aircraft/wildlife strikes from over 100,000 reported incidents between 1990 and 2008. [more inside]
Know Thy Neighbor --playing hardball with those who sign a petition amending Massachusetts' Constitution to end same-sex marriage there. All who sign it will have their names and addresses posted on the site. It's the brainchild of Thomas Lang and Alexander Westerhoff, one of the first gay couples married in Massachusetts. A little more here, including this: ...altering the state Constitution is a big deal, and if the backers of this (or any) constitutional amendment can't find 66,000 Massachusetts residents who feel strongly enough about doing so that they're willing to make their support public, then maybe the measure shouldn't be on the ballot after all. ...