Review: Robin Hanson’s Age of Em

Robin Hanson, the closest we have today to an economist of science fiction — he might prefer “economist of the singularity” — has a new book out this week. Called

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The Fallacy of “Buy Land — They’re Not Making Any More”

“Buy land — they’re not making any more!” is an old investing chestnut, and a commonsense one to boot. Economically, it’s also completely false.

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Why is America in a 15-year Slowdown?

One of the more interesting economic debates in the past couple of decades is why the economy is slowing down. Since 2000 per capita GDP growth in the US has

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Does Cheap Oil Cause Recession?

[Excerpt from the January Austrian Investing Monthly Newsletter. Download free at St Onge Research.] Does cheap oil cause recession? Not when Oil Supply is Soaring. For the past year, the

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Will Robots Eat the Poor?

What happens when robots and AI start taking all the jobs? Counter-intuitively, it’s the poor who will benefit the most. And it’s the upper-middle class who will complain the loudest. Do

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