How Your Electronics Are Made

I just listened to a This American Life episode about the working conditions in which all of our electronic crap is made in China. It is really quite eye-opening, and it is amazing yet totally predictable that pieces like this are not more common. Our economic model (capitalism) guarantees that these atrocious working conditions will […]

Man’s Economic Motivation

This is a great quote from Karl Poyani, in The Great Transformation: The outstanding discovery of recent historical and anthropological research is that man’s economy, as a rule, is submerged in his social relationships. He does not act as to safeguard his individual interest in the possession of material goods; he acts so as to […]

Why I Do Not Subscribe to the Ideas of Mainstream Economics

Of course, there are other reasons, but this is probably the biggest one. It is nicely summed up in two paragraphs in the article Whirlpools and Turbulent Flows by Geoff Olson in the September/October issue of Adbusters: David Suzuki is another skeptic and he offers a great anecdote about economic thinking. While at the University […]

Better Money Management

For the first time in my life, really, I am being smart with my money. There are many factors contributing to this, but I think the key recently has been frequent and small transfers to pay off debt and into savings. What I have been doing is every few days I’ll log into my credit […]

What I’ve Been Up To

I’ve been neglecting this blog a bit lately. I’ve basically been busy as hell lately, and I suppose the blog has taken a back seat. So this post will be a rambling one bordering on stream of consciousness. So grab a cup of your favorite hot, cold or lukewarm beverage, get someone to rub your […]

Price of Oil

Holy crap, oil is $138/barrel? Times, they are a-changin’. I’ve heard a lot of people talk about how they or someone they know is now taking public transportation where they would previously drive. And GM may stop making Hummers. The high price of oil, while painful in the short term for many, will have a […]

$431,660.69

$431,660.69 That is what the salary of every Exxon employee would be if they split the profits evenly. Is that not enough for everyone? OK, let’s suppose that the top 1,000 employees just have to be better than everyone else. So let’s lower the salary of 82,700 of the employees to $300,000/year. That leaves the […]

Artificial Products

Do you ever get the feeling that you’re paying for nothing? Software and data in general is an artificial product created by our laws. We can sit here and argue about whether these laws benefit or harm society. But I’m not going to do that. What is a valid product is the service of creating […]