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Garbage Generation: Nothing Bought Works

Author: Walter Kirn About five years ago, I bought an old juicer for seven dollars at a thrift store. It was one of those little, old-fashioned kitchen gadgets that looked like they were made to withstand a blast or a hammer blow. As soon as I turned the motor on with the metal knob, the drive shaft spun a heavy ceramic head made of …

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Anarcho-capitalism with a human face: Technology and decentralization

anarcho-capitalism

Radical decentralization and anarchy are the same thing Anarcho-capitalism has a PR problem. Its main postulate – the principle of non-aggression sounds simple and noble enough to be understood by anyone and may even be a basic principle of the libertarian movement itself. But when it comes to private courts, most …

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Technology needs capital to drive economic growth

Frank Shostak In his article “The Big Meh,” Paul Krugman laments that despite all the advances in information technology, its effect on economic growth has so far been negligible. He writes: “The entire digital era, now more than four decades old, seems like a disappointment. New technologies have led to great discoveries, but …

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