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New Consensus
"Freedom begins where labor determined by necessity ends."
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AI and Jobs, again
I like to think of the Guardian's Adam Dorr as a well-rounded fellow. But an economist he is not. Although I taught economics at UC...
Joseph Lough
13 hours ago2 min read
America's Original Sin
It has been argued that America's original sin is slavery. Next to the sin of seizing and exploiting the wealth of an entire continent,...
Joseph Lough
5 days ago2 min read
CAFE Capitalism
Big oil thinks you are not paying attention. They're probably right. CAFE stands for Corporate Average Fuel Economy. When it was enacted...
Joseph Lough
Jun 272 min read
The Politics of Sports
As I watch the closing minutes of the Pacers-OKC game, I am reminded how many commentators on the Yugoslav civil wars credit their origin...
Joseph Lough
Jun 221 min read
Its the workers, stupid
Finally, someone is ready to admit what working families have known since the Democratic Party abandoned them a half century ago. It is...
Joseph Lough
Jun 211 min read
AI and Employment
The drum beat is now fairly steady. Artificial Intelligence, or, to use Robert Todd's language, "machine intelligence," is coming for...
Joseph Lough
Jun 123 min read
The sources of our discontent
It would appear that there are too many sources of discontent for us to make much sense of them. There are the obvious sources: poverty,...
Joseph Lough
Feb 204 min read
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