Showing posts with label Luddites. Show all posts
Showing posts with label Luddites. Show all posts
Wednesday, December 16, 2015

Quote of the Day: Why not use spoons instead of shovels?

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Milton Friedman was traveling in a developing Asian nation when his host took him to visit an excavation project that was part of a publ...
Saturday, May 10, 2014

Video: Myth of the Rational Voter: Make Progress, Not Work

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Econolog economist, professor and blogger Bryan Caplan explains why free markets (and not labor protectionism) leads to progress From...
Thursday, February 20, 2014

Quote of the Day: Robots should say a prayer to central bankers

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Slaves – human or robotic – are a form of capital. After the cost of maintenance, the profits from their work go to their owners. Wolf...
Monday, October 22, 2012

Bastiat on the Twin Doctrines of Luddism and Mercantilism

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The great French proto-Austro libertarian Frédéric Bastiat exposes the fallacies of the twin doctrines of Luddism (opposed to modern techno...
Monday, July 23, 2012

Chinese Political Neo Luddites and How Productivity Means More Employment

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The clashing visions of entrepreneurs, whom in general desires to improve productivity through the marketplace (profit and loss system), and...
Wednesday, February 08, 2012

Revolutionary 3D Printing Technology: Jawbone Replacement

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The speed of technological advances is just amazing and 3D printing technology seems to be showing the way. From Discoverynews.com (hat t...
Thursday, September 29, 2011

The Fallacy of Luddite Economics

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We are told that by this Wall Street Journal article that business spending on machines than labor is bad news for the US economy. (bold em...
Saturday, April 02, 2011

The Political Folly of Energy Independence

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Cato’s Economist Steve Hanke on the popular political drivel called “energy independence” (bold emphasis mine) Every president since R...
Friday, March 25, 2011

Celebrating The Declining Influence of Luddism and Blogging

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I will be blogging a little lot less over the coming days as two of my children will be having their graduation rites and I will be entertai...
Saturday, February 19, 2011

Knowledge Revolution: Creators and Servers

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The transition towards Toffler’s Third Wave or the Hayekian knowledge revolution isn’t just my outlook. I t is likewise shared by some, who ...