In The Reckoning, I suggested that the decades-long squeeze on labor still has room to run, particularly in light of two technological trends: the growing adoption of robotics and the emergence of 3D printing. Two interviews released this week lend credence to the continuing squeeze.
Author Archives: Mike
“H = MC. Humanities Equals More Cash”
Speaking on a panel at the World Economic Forum in Davos this week, David Rubenstein reportedly criticized policy initiatives that push students to orient themselves toward science, technology, engineering and mathematics. The real scarcity, he apparently asserted, is in problem solving and critical thinking skills—both of which may be gleaned from the study of humanities, …
The Reckoning
Unsustainable economic trends will lead to populist politics and demagogues (Jan 2014)
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Favorite Books of 2013
In light of the holiday season and year end, I thought I’d share the best books I read this year. While most of these weren’t published in 2013—a number of them dutifully collected dust on bookshelves in no less than three apartments until they were summoned—the following eight books stand out as my favorites over …
Pope Francis’s Critique of Capitalism and the Quest for the Good Life
Last month, FT Alphaville’s Izabella Kaminska picked up a potent critique of free-market capitalism from Pope Francis’s first Apostolic Exhortation.1 I must confess, I’m not a regular reader of papal exhortations—indeed, papal pronouncements of any variety tend not to make my “to read” list2—but the snippets Kaminska selected gave me pause.