Tag Archives: economic

Rewarding Life May Be Counter-Productive When Rewards Undermine Habits

A new friend of mine recently asked “how do you translate ‘rewarding’ into German?” I found it was fascinating that this was difficult to answer. We had been talking (and continue to talk) about how language and culture are closely … Continue reading Continue reading

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Computers, Humans, Economics, Marketing, Logic and Psychology

Computers are machines that apply algorithms according to some sort of logic… — and in this way they function in a way quite analagous to economic theory. Humans are beings that use their brains according to psychological quirks they have … Continue reading
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Without Skin in the Game, Conversational Media Will Never Happen

Over the past decade or so, I have been very inspired by the concept which John Battelle refers to as “Conversational Media”: If you believe that conversational media represents an important emerging category in the overall media landscape, the question … Continue reading
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People who maintain that the value of anything is simply the price set in the free market are so stupid that they don’t even realize that free markets are a myth

I remember when I was in high school one of my friends came back from visiting some college or university, and he brought back some “professor’s chalk” — it was much bigger than the chalk our schoolteacher used. The reason … Continue reading
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Why isn’t 100% Unemployment the Goal for an Advanced Industrial Economy?

Imagine solar-powered robots could do everything needed in an economy with no adverse effects to the environment. If that were possible, then I don’t understand why it would be good to employ people. I have actually wondered for several years … Continue reading
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