Too much innovation wrecks weak economies, too much competition paralyzes strong ones, paper reports

Moderation is key.

A history of how computers went from stealing your heart, to stealing your job

They changed our society from the ground up. And will do so again.

Finland basic income trial concludes, participants enjoy lower stress and higher incentive to work

A small UBI trial in Finland has rendered very promising results.

“Make our planet great again” — The world reacts to Trump quitting the Paris Agreement

Trump to Earth: “Screw you.” The Earth to Trump: “No, screw you!”

Urban heat island effect could almost triple the cost of climate change in cities, burn economies to a crisp

The roof, the roof, the roof is on fireeee.

India cancels plans for huge coal power station — because solar energy is getting so cheap

Coal is losing more and more ground.

Chinese company offers free training for US coal miners to become wind farmers

It’s the disproval of every Trump narrative around renewable energy.

NASA will explore an asteroid worth 10,000 $quadrillion — four years sooner than expected

The scientific value might be just as high.

Want better, cheaper health care? Pay doctors a flat salary, not per procedure, behavioral economists say

Doctors? Having conflicts of interests? Can’t be.

Some two billion people depend on imported food

Whenever population pressure increases, more food is imported.

These are the world’s fastest growing cities. They’re all in Africa

Worldwide, more and more people are starting to move from rural areas to urban areas. But nowhere is this as prevalent as in Africa.

Does your country have bad drivers? Then your government is likely corrupt

Spare a moment to think about how the streets are in your country. The ponder how corrupt your country is. Do you see a correlation?

Ontario, Canada, to start piloting basic income project

Out of all the ideas to end global poverty, the simplest seems to also be more effective: governments just handing out money to people.

The Netherlands is shutting down prisons. It doesn’t have enough criminals, and prisons aren’t effective at rehabilitation

While this is a problem for the country’s 1,900 prison workers losing their jobs… it’s not such a bad problem to have.

Chinese factory replaces 90% of human workers with robots. Production rises by 250%, defects drop by 80%

After a factory in Dongguan, China, replaced most of its workers with robots, it witnessed a spectacular rise in productivity.

Dominant wasps hand out breaks when workers are scarce, become horrible bosses when they’re plentiful

Wasps should really form their own labor union.

The world’s richest 8 people have more wealth than the world’s poorest 3,500,000,000

New estimates show that only eight people own more wealth than the world’s poorest 50%.

China pioneers dystopian RPG-like social system

We could be witnessing the birth of a dystopian society.

According to a new study, there are four kinds of people

According to a new study, 90% of people fall into one of four categories: optimists, pessimists, trusting or envious. Which one are you?

Book review: ‘Economic thought’

We live in an economic world, and this book makes sense of it all.