We rarely do link-throughs, but I came across an interesting conversation yesterday. It began with Don Peck’s Atlantic essay on “How a New Jobless Era Will Transform America,” and then quickly moved on to our friend Ian Welsh’s thought-provoking reply. A snippet: Because any economic growth right now increases the prices of oil, which then strangles the economy, you must
Read moreA couple of weeks ago author and NYU media theory lecturer Douglas Rushkoff penned a provocative essay for Arthur Magazine. Entitled “Let It Die,” the essay explains why we should stop trying to save the economy. In a perfect world, the stock market would decline another 70 or 80 percent along with the shuttering of about that fraction of our
Read moreAlmost 50 days into his administration President Obama made his way around to what strikes me as America’s #1 long-term issue, education. The soundbite is pretty catchy: he wants to overhaul the system “from the cradle up through a career.” A compelling sentiment, that is. Our educational system couldn’t be much more broken, and a righteous keelhauling overhauling is certainly
Read moreWhen readership began dropping among younger demographics, they didn’t innovate. When new media technologies began emerging in the early ’90s, they didn’t innovate. When Craigslist began eating their lunch and fucking their trophy wives on the dinner table, they didn’t innovate – not unless “hey, if we fired all the employees, we’d theoretically be infinitely profitable” counts as innovation. But
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