Capital
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In dispraise of efficiency.
Contemporary economic interests seek greater & greater efficiency, but the most meaningful moments in our lives are the inefficient tasks to which we devote our time.
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On currency
Money is an illusion, but the consequences of not having it are very real.
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On automation, William Gaddis, and addiction.
An inefficient world might be a much better place to live.
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On productivity, and the risk of accidentally making the world worse when we’re trying to make it better.
If efficiency were all we were after, why bother with human consumers? Robots could grow the food, and gobble it all up, too.
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On deficit spending.
I generally like Paul Krugman’s opinion pieces. I think he does a good job of explaining economic concepts in terms that the average reader can understand, and I like that his biases — because economics is a sufficiently squishy subject that your preexisting biases could lead you to diametrically opposite conclusions even when analyzing the…
Frank Brown Cloud 