Acton Institute Powerblog Archives

Post Tagged 'economics'

Give thanks for economic efficiency

I have never been to an event or cocktail party where raising the issue of economic efficiency engendered a particularly emotional discussion or any level of enthusiasm. I have never been to a Thanksgiving dinner table where someone gave thanks for GDP growth. Continue Reading...

Despite displays of strength, China has key weaknesses

The recent announcement that China had tested something akin to a Fractional Orbital Bombardment System, which is launched into space and then orbits the globe before discharging a missile at its target, underscored yet again that America and its allies have serious grounds to be worried about China. Continue Reading...

Rising to the challenges of ‘so-so automation’

Fears about job loss and human obsolescence continue to consume the cultural imagination, compounded by ongoing strides in artificial intelligence and machine learning. The job-killing robots are almost at the door, we are told, mere moments away from replacing the last traces of human inefficiency and heralding the dawn of a world without work. Continue Reading...