How to structure employment so workers are more creative, productive, and happier. Topics covered include: What percentage of employees work at home due to the pandemicHow many hours per week do men and women work in both paid employment and unpaid caregivingHow workers have been allocating the time saved by not commutingWhy the economy would still prosper if we worked only four hours per dayWhat is the cult of efficiencyWhat is the difference between leisure and amusementWhy employers … [Read more...]
323: The Economy Is Not A Machine
How the drive for efficiency leads to greater wealth concentration and threatens capitalism. What can be done about it? Topics covered include: Why income growth has slowed for the middle classWhy the economy now follows a power-law distribution rather than a normal distribution, leading to skewed outcomesWhy the economy is a complex adaptive system rather than a machineHow the type of job you have and the company you work for affects your incomeWhy greater efficiency increases the risk … [Read more...]
158: How To Invest Like A Cockroach
How reserves, slack and simple rules of thumb help us deal with radical uncertainty. Why the next financial crisis is unlikely to be like the last one. In this episode you’ll learn: Show Notes The End of Theory: Financial Crisis, the Failure of Economics and the Sweep of Human Interaction - Richard Bookstaber Where the Water Goes: Life and Death Along the Colorado River - David Owen Sponsors Filter Buy 10% Discount Sanebox Health IQ Summary Article How To … [Read more...]