Jack Reichert

Fullstack Philosopher

Tag: Economics

  • Labor Surplus is a Resource to be Tapped, Not a Liability to Mitigate

    “While those ancestral Maori who first colonized the Chathams may have been farmers, Maori tropical crops could not grow in the Chathams’ cold climate, and the colonists had no alternative except to revert to being hunter-gatherers. Since as hunter-gatherers they did not produce crop surpluses available for redistribution or storage, they could not support and…

  • Why Technology Killing Jobs is a Good Thing

    technological progress is eliminating the need for many types of jobs and leaving the typical worker worse off than before – Brynjolfsson and McAfee This is scary for a lot of people. Forget having to compete with cheap labor, how do you compete with a machine? The problem is that fighting technological advances goes against…