In Praise of Cheap Labor - Thinking Things Through
Blast from the past--
In Praise of Cheap Labor - Slate Magazine:
" . . . as long as you have no realistic alternative to industrialization based on low wages, to oppose it means that you are willing to deny desperately poor people the best chance they have of progress for the sake of what amounts to an aesthetic standard--that is, the fact that you don't like the idea of workers being paid a pittance to supply rich Westerners with fashion items. In short, my correspondents are not entitled to their self-righteousness. They have not thought the matter through. And when the hopes of hundreds of millions are at stake, thinking things through is not just good intellectual practice. It is a moral duty." - Paul Krugman, 1997
My Reading List
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A Family of 6 Was Swept Away in the Texas Floods. Now, Survivors Wait and
Hope.
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A woman whose mother, stepfather, aunt, uncle and cousin are among the
missing confronts the unimaginable. A cousin was dragged downriver 15 miles
but surv...
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From the Texas floods to the LA fires, consumer drones keep getting in the
way of rescue operations
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Texas officials say private drones are interfering with flood rescue. This
isn't the first time personal drones have caused issues during emergencies.
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Sunday Night Futures
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Weekend:
• Schedule for Week of July 6, 2025
Monday:
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are d...
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‘Improved’ Grok criticizes Democrats and Hollywood’s ‘Jewish executives’
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On Friday morning, Elon Musk declared, “We have improved @Grok
significantly. You should notice a difference when you ask Grok questions.”
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Sharemarket steady but rally sparks sell signal worry
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The US and Australian sharemarkets reached fresh highs last week. Will that
spark a sell signal?
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Today's Wordle Hints, Answer and Help for July 7, #1479
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Here are hints and the answer for today's Wordle for July 7, No. 1,479.
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The Garmin Forerunner 255 Just Dropped to Its Lowest Price Ever
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If you’re a runner looking to up your game, this mid-range GPS running
watch offers data-driven results and advanced fitness tracking.
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The Coder ‘Village’ at the Heart of China’s A.I. Frenzy
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As China vies with Silicon Valley for primacy, Hangzhou, home to DeepSeek
and Alibaba, is where its aspiring tech titans mingle and share ideas.
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Kotaku’s Opinions For The Week July 05, 2025
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Gamers are a passionate bunch, and we're no exception. These are the week’s
most interesting perspectives on the wild, wonderful, and sometimes weird
wor...
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In Case You Missed It...
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This week at CBPP, we focused on the federal budget and taxes, food
assistance, health, housing, Social Security, and state budgets and taxes.
On the feder...
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7 Google Photos tips for perfecting your pics on Pixel 7
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Our new Pixel 7 and Pixel 7 Pro have incredible cameras for capturing your
memories, but snapping a photo is just the beginning. We all want to get
our ...
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‘Every weld is a challenge’
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Philadelphia schools are focusing career-tech training on preparing
students to move from high school to apprenticeships and skilled jobs,
reports Chalkbea...
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Mindfulness: New age craze or science-backed solution?
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- Mindfulness has become a billion-dollar industry.
- Research shows mindfulness can be an effective wellness practice, yet the
effect sizes found in stud...
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32+ Years...
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[image: image from pbs.twimg.com]
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Our comment on COPPA
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Responsibility is our number one priority at YouTube, and this includes
protecting kids and their privacy. Over the last few years, we’ve
significantly in...
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Huawei Working On 5G Radar Tech For Self-Driving Cars
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Current chairman Xu Zhijun said Huawei is working on millimeter-wave radar
and laser radar for use in autonomous vehicles as part of an “ecosystem” of
car-...
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Bifurcar 'blockchain': universos paralelos de cadenas ingobernables
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Los usuarios de Nano han demandado a sus desarrolladores por una pérdida de
criptomonedas valorada en 150 millones de euros. Si prospera, estarĂan
obligado...
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The Blog Moves On
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But the show goes on.
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The US Treasury’s missed opportunity
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The US Treasury recently published the first in a series of reports
designed to implement the seven core principles for regulating the US
financial system ...
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Corinne Found the Perfect Way to Rebel Against *The Bachelor*
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Over the course of the season, the show’s latest villain just might have …
grown as a person.
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The search for the best middle-class tax cut
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Say you want to help struggling middle-class families by cutting their
taxes. Say you want to figure out an actually helpful plan to do that, and
not just ...
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IBM buys Ustream: is it a workforce communication play?
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IBM has added Ustream to a long list of video technology company
acquisitions in the recent past -- like Clearleap acquired last month --
buying the stream...
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Book Expo America, BookCon, Detroit Public TV Video
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Tweets about #BookCon2015 OR #BEA15
*Date: Fri May, 29 2015 11:00 AM CDT — Sun May, 31 2015 3:00 PM CDT*
*Detroit Public TV will bring live inside the boo...
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The World's Billionaires
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Carlos Slim Helu takes the No. 1 spot on Forbes' annual list of the world's
richest as a record 164 billionaires return to the ranking amid the global
econ...
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