Hear Alan Watts’s 1960s Prediction That Automation Will Necessitate a Universal Basic Income

≡ Category: Economics, Philosophy, Politics, Technology |9 Comments

One of the most propulsive forces in our social and economic lives is the rate at which emerging technology transforms every sphere of human labor. Despite the political leverage obtained by fearmongering about immigrants and foreigners, it’s the robots who are actually taking our jobs.

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When Ayn Rand Collected Social Security & Medicare, After Years of Opposing Benefit Programs

≡ Category: Economics, Politics |49 Comments

Image via YouTube, 1959 interview with Mike Wallace
A robust social safety net can benefit both the individuals in a society and the society itself. Free of the fear of total impoverishment and able to meet their basic needs, people have a better opportunity to pursue long-term goals, to invent, create, and innovate.

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Why Economics is for Everyone!, Explained in a New RSA Animated Video

≡ Category: Animation, Economics |1 Comment

It has been a while, but RSA has returned with another one of their whiteboard animated videos.

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The Art Market Demystified in Four Short Documentaries

≡ Category: Art, Economics, Psychology |Leave a Comment

Spend an hour or two at MoMA, Tate Modern, or some other world class museum and inevitably you’’ll overhear some variation of “my seven-year-old could paint that.

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Stephen Hawking Wonders Whether Capitalism or Artificial Intelligence Will Doom the Human Race

≡ Category: Economics, Life, Science, Technology |7 Comments

Creative Commons image via NASA
It shouldn’t be especially controversial to point out that we live in a pivotal time in human history—that the actions we collectively take (or that plutocrats and technocrats take) will determine the future of the human species—or whether we even have a future in the coming centuries.

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Bertrand Russell & Buckminster Fuller on Why We Should Work Less, and Live & Learn More

≡ Category: Economics, Life, Philosophy |13 Comments

Why must we all work long hours to earn the right to live? Why must only the wealthy have access to leisure, aesthetic pleasure, self-actualization…? Everyone seems to have an answer, according to their political or theological bent.

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MIT’s Introduction to Poker Theory: A Free Online Course

≡ Category: Economics, MIT |1 Comment

If you google my name, spelled in the unconventional way that I spell it, the first search results won’t having anything to do with me. They’ll reference another Dan Colman who, in the past year, has made a good chunk of change playing poker — including winning $15.3 million in one tournament alone.

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Animated Introductions to Three Sociologists: Durkheim, Weber & Adorno

≡ Category: Economics, Education, Philosophy, Politics, Psychology |6 Comments

Is sociology an art or a science? Is it philosophy? Social psychology? Economics and political theory? Surveying the great sociologists since the mid-19th century, one would have to answer “yes” to all of these questions.

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A Short Animated History of Daylight Saving Time, Narrated by Stephen Fry

≡ Category: Animation, Economics, History |Leave a Comment

Several weeks back, we contemplated how, in the 1650s, the economic history of the West changed irrevocably when Christiaan Huygens invented the pendulum clock  — a timepiece that enabled us to measure time in accurate, uniform ways, making us attentive to the passage of time and focus on things like productivity and performance.

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Robert Reich Debunks Three Economic Myths by Drawing Cartoons

≡ Category: Art, Economics |6 Comments

Robert Reich met Bill Clinton when they were both Rhodes Scholars during the 1960s. In the 70s, Reich attended Yale Law School with Hill and Bill. And then, decades later, he served in the Clinton administration as Secretary of Labor.

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