On (Perfect) Competition

Economics has rather a bad name, these days. Nonspecialists (like, say, “the 99 percent”) see the discipline as either haplessly self-referential, or as an efficient set of wealth-consolidation tools for the wealthy. But we might not want to be so quick to reject the “Econ” department. Perhaps the field offers some concepts that can be … Read more

Won’t Somebody Think Of The Family Farmer?

My father’s side of the family were peanut farmers and Angus ranchers in west Texas and east New Mexico. I grew up riding horses, and was active in both 4-H and Future Farmers of America. I even took part in junior bull riding. I thought that Willie Nelson was just about the greatest guy ever. … Read more

Rent-Seeking Drives Inequality

In 2010, the world’s 62 richest billionaires collectively held $1.1 trillion in wealth. At the same time, the poorest half of the world’s population held wealth amounting to $2.6 trillion. Just six years later, in 2016, those 62 billionaires had amassed a further $660 billion, and the poorest half had been stripped of the equivalent … Read more

Origins of the Silicon Valley Housing Crisis and How to Fix it

Most of the wealth being generated in Silicon Valley is the result of advanced engineering, risky venture capital and cut-throat business acumen in the face of rapidly-evolving competition. Visa, HP, Intel, Adobe, Ebay, Apple, Google, Facebook – the concentration of multi-billion-dollar enterprises in this tiny pocket of Santa Clara Valley is staggering. But not everyone … Read more

Julia Bossmann: Challenges Of A Post-Work Society

BIL: Oakland 2016 Recession Generation was an Earthsharing.org conference in Oakland, California on July 9th. Foresight Institute president Julia Bossmann presented an argument for moving toward a post-work society, and the changes both economic and social that would be required to achieve this. Bossmann recounts the incredible advances in artificial intelligence we are witnessing, whereby … Read more

Robin Hanson On Life With Replicable Robots

BIL: Oakland 2016 Recession Generation was an Earthsharing.org event which took place on July 9th, 2016 in Oakland, California. Keynote speaker, Robin Hanson, shared a fascinating vision of the future in which cheap, replicable robots are able to do most human work, and the implications of such a possibility. Hanson presents an idea divergent from … Read more

The Norwegian Model: Managing Resource Wealth for the Common Good

Natural resources play a foundational role in a country’s economic development. As natural commons, they provide economic assets via space, raw materials, and energy that can be used to create other assets and opportunities in the form of industry and wealth. But because these commons are finite, their mismanagement often leads to a boom and … Read more

EarthSharing.org on Stanford Radio KZSU 90.1 FM Promoting the Recession Generation Event

WKZSU 90.1 FM Stanford University Radio Interviews EarthSharing.org   July 5th, 2016, Edward Miller and Jacob Shwartz-Lucas were invited onto Stanford University Radio to discuss an event they would organize in Oakland a few days later. The event was titled BIL Oakland 2016: The Recession Generation. The discussion revolved around the event’s aim of helping … Read more

The Surprising Way Inequality is Driven by Taxes

The old story continues. In the United States, income inequality is getting worse as wealth continues to concentrate excessively in the upper classes at the expense of the lower and middle classes. This is becoming more evident as lower-income individuals and families are forced to tighten budgets to cope with the rise in housing and … Read more

Marie Howland, 19th Century Gender Equality Pioneer

Young girls ironing laundry

Howard H. Aiken, a pioneer in computer engineering, famously urged others to “[not] worry about people stealing [your] idea. If it’s original, you will have to ram it down their throats.” This reminder is useful when considering the reasons that groundbreaking ideas often do not make it into mainstream culture or history textbooks. Marie Howland, … Read more