Tag Archives: machines

Fundamental Principles of Rational Media

In my previous post, I noted that my concept of rationality differs from the general, widely accepted views of this notion. I do not disagree with these views. Instead, I believe the way I view rationality is more generalized. To … Continue reading Continue reading

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A Machine to Create the Future

One of my favorite chapters in E.F. Schumacher’s “Small is Beautiful” is called “A Machine to Foretell the Future” — in this chapter, Professor Schumacher criticized (more or less) what my father did for a living: Econometrics and econometric forecasting. … Continue reading
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Humanity, Science, Machines and Love

Let me start with machines. Machines need something to work. Their food is electricity, oil, or any resource they can use as a source of power. They need materials as inputs, then they create products as output. Humans are different … 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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