A common topic around the web is whether automation will drastically increase unemployment. The usual scholarly answer is only a bit, and conservatives often insist that new jobs will always be found. Actually, automation has already created much joblessness. It continues to do so. We don’t notice because we have disguised the unemployment. Consider. In... Read More
Today, FOE will explain economics, fraud, unemployment, and the end of the world. There will no longer be a need for economists, if there ever was. You will understand everything. FOE is that sort of column. Long ago, everybody worked on farms, growing food. This was a real service. People wanted food. They liked to... Read More
Being as I am a curmudgeon, and delight in human folly and thoughts of huge asteroids, tsunamis, incurable plagues, continent-shattering volcanoes, and the Hillary administration, I follow the advance of robots with hope. They may finally end civilization as we know it. Currently they spread like kudzu. Herewith a few notes from my favorite technical... Read More
Today we will reflect that the economy will shortly wither, no one will have to work, and we will all die of starvation sitting on street corners and trying to sell each other pencils. Work is going the way of the dodo, the Constitution, and common sense. Won’t be any. Doom moves in ripples. Suppose... Read More
This column contains everything there is to know about economics. Hereafter it will be possible to shut down university deprtments and stop talking about Keynes and the Austrian School, to the great relief of mankind. In gratitude you can send me your childrens'college funds. In 1850 people all lived on farms and grew food, which... Read More
Fred, a keyboard mercenary with a disorganized past, has worked on staff for Army Times, The Washingtonian, Soldier of Fortune, Federal Computer Week, and The Washington Times.
He has been published in Playboy, Soldier of Fortune, The Wall Street Journal, The Washington Post, Harper's, National Review, Signal, Air&Space, and suchlike. He has worked as a police writer, technology editor, military specialist, and authority on mercenary soldiers.