And this is why more journalists should learn basic economics: Motherboard weighs in with "Humans have used all the earth's resources for the year." The article is worried because if the whole

A lefty friend was upset about advertisers who "sell us shit we don't need." To use a technical marketing term, demand "agitation." This has, of course, been a common left-wing complaint

The job-threatening rise of the machines is an economically illiterate meme that refuses to die. We’re actually probably in the early stages of it, a bull-market in luddism, if you will. Bastiat’s Candlemakers

Is innovation slowing? Will it stop? A new paper by one Jonathan Huebner in the journal “Technological Forecasting & Social Change” argues that innovation is slowing, indeed that it’s halved in the

I'm an Austrian School economist, teach at a business school in Taiwan, and blog at profitsofchaos.com. I used to be a hedge fund manager and worked in corporate sales and marketing, so I write about investing