Johanna

Knowledge is a non-rival good. You don't loose anything if more people have it. In fact, I would even argue the opposite. Knowledge compounds. The more people have it, the more progress we'll make. If you are publishing a paper and only a handful people understand it, the impact of your findings will be limited to what these, highly specialized... See more

I once found this idea seductive. Now I find it outrageous. It’s not just because it’s wrong; it’s an affront to the human spirit. People only discover stuff when they think it’s worth trying, and there have been entire eras of human history where people didn’t think it was worth trying. A meme like “ideas are getting harder to find” could drive... See more

“I will fail many times, and I will be really right once” is the entrepreneurs’ way. You have to give yourself a lot of chances to get lucky.

In the current economic system, unemployment spreads like a virus: people lose their jobs, stop spending money, businesses are forced to shut down, and so on.A Job Guarantee could act as a buffer that absorbs unemployed people before they fall to the bottom rungs of the economic ladder. And this could help to stabilize the economy during... See more

Work in ProgressAmerica’s Most Important Economic Storyteller Is ConfusedAn old economy is dying, and a new economy is struggling to be born. Now is the time of monstrously confusing data.By Derek ThompsonAn illustration of the dollar-bill portrait of George Washington shrugging in confusionThe Atlantic; GettyJune 17, 2022About the author: Derek... See more

Is a person with two children and a gambling addiction better off with food stamps and housing vouchers, or with UBI payments?