Blockchain Is the New Pets.com
Here’s the latest from the world of internet bubble-osity: This company added the word “Blockchain” to its name and saw its shares surge 394% https://t.co/oYWaWhrZQK via @lisapham pic.twitter.com/1YnMpgIFwG — Bloomberg Markets (@markets) October 27, 2017 Bloomberg provides the details: A British company that has been investing in internet and information businesses is having its best…
Trump Just Screwed the Millions of Americans Addicted to Opioids
“President Donald Trump and first lady Melania Trump, left, leave the East Room of the White House in Washington, after speaking on the opioid crisis.”Pablo Martinez Monsivais/Associated Press On Thursday, President Trump declared the nation’s opioid epidemic a public health emergency. “We can be the generation that ends the opioid epidemic,” he said. “We can…
The Trump-Russia Scandal Is a Huge Media Fail
About a year ago, I met a man named Christopher David Steele. It was unusual for him to be speaking with a journalist. He had spent most of his adult life in the shadows, as a counterintelligence officer for MI6, the British foreign intelligence service. His specialty was Russia. More recently, he had been…
House Democrats Demand Answers From the Trump Campaign’s Data Firms
Shawn Thew/ZUMA The top Democrats on the House judiciary and oversight committees have sent a letter to several data analytics companies, including Cambridge Analytica, seeking answers about their involvement in Donald Trump’s presidential campaign. Cambridge Analytica, which White House senior adviser Jared Kushner has credited with helping secure Trump’s White House victory, has come under increasing scrutiny…
Corporate Tax Rates Don’t Have Much To Do With Economic Growth
Over at The Corner, Veronique de Rugy complains that Republicans are making a hash of tax reform. No argument there. In particular, she’s unhappy about increasing the child tax credit even though she admits it’s politically popular: But is it more important than simplifying the tax code and getting rid of special handouts to preferred…
The AI Revolution Is Coming—And It Will Take Your Job Sooner Than You Think
Oh look: my piece about robots and mass unemployment is up. I wanted to make it crystal clear what it was about, so the headline is “You Will Lose Your Job to a Robot—and Sooner Than You Think.” Needless to say, not everyone agrees. And I address some of the most common criticisms in the…