Timothy Taylor, aka The Conversable Economist, has an excellent post in which he reports on another study about whether driverless trucks could create more trucking jobs. I’ll quote a paragraph that Tim quotes from Uber Advanced Technologies Group: The biggest technical hurdles for self-driving trucks are driving on tight and crowded city streets, backing into complex loading…
In a win for free markets and consumer choice, U.S. District Court Judge Eli Richardson issued a preliminary injunction on July 23 barring the state of Tennessee from enforcing a new law that would have made online auctioneering a licensed profession. The law, which was passed unanimously and signed by Gov. Bill Lee, a Republican, was set to take effect…
From kindergarten to adults in college, students are beginning the daily grind of classes, attendance, and (God-forbid) group projects. Many of the Democrat presidential candidates have proposed plans for student-debt forgiveness and/or making college tuition free. This isn’t surprising, considering the campaign trail has become a string of constant promises of free stuff that was…
The mining industry has been around for generations and has been used to mine materials such as coal, natural gas and even diamonds for generations. But with the economic impact of machinery such as crushers as well as other technological advancements, the mining industry has continued to contribute to the community for a number of…
The recent media reports that President Donald Trump is interested in purchasing Greenland for the United States has brought the unlikely country into the world’s headlines. Taking advantage of the limelight, Greenland’s government tweeted, “We’re open for business, not for sale.”. #Greenland is rich in valuable resources such as minerals, the purest water and ice, fish stocks,…
There’s rich and there’s ultra-rich. Yet, one of the main reasons why wealthy people have managed to achieve such financial success are hard work and constant desire to learn something new. As soon as a family starts earning a lot, they save money to make certain their children have an opportunity to attend a…
In recent weeks, Hong Kong protesters have been waving the American Flag in their demonstrations. The use of the flag has appeared to move into mainstream symbolism with the protests. These protests have only grown stronger, even shutting down the Hong Kong Airport. Video of protesters waving the American Flag can be seen below. https://twitter.com/HKNordicHearts/status/1157980153890385920?s=19 Some…
Accused child sex-trafficker Jeffrey Epstein reportedly committed suicide over the weekend, but the saga of his criminal and strange actions continues. The media is uncovering the bizarre characteristics of Epstein’s homes, like a hallway adorned with dozens of individually framed prosthetic eyeballs, a life-like human doll hanging from a chandelier, a human-sized chessboard with scantily…
In 2008 I was invited to a conference called Australia Recycles! in Fremantle. I flew coach for 30 hours (we had to divert, at one point, to Auckland instead of Sydney because huge headwinds used up more fuel than expected) and landed in Perth and then was driven to Freo by one of the conference…
The United States Postal Service on Friday reported total revenue of just over $17 billion for the third quarter of fiscal year 2019. Total operating expenses came in at $19.3 billion. Excessive Losses The net loss of nearly $2.3 billion comes on the heels of an already bleak fiscal year that saw a combined loss…