I used to play techno and dance to sooth my oldest son when he was just an infant, so I can add my own anecdotal support to this article.
Less than 5% according to Kyle Bass.
Central Bank balance sheet expansion that goes on infinitely. Japan eventually defaults even though it is a soverign with its own currency. Here.
Kneel before your robot overloard. Technology marches on - routine jobs will continue to be eliminated. 60 Minutes just did a piece on the skills gap. There are unfilled jobs in manufacturing in America but they involve programing computers. The jobs profiled pay $12/hr in Nevada with benefits. Expect inequality, if left unchecked, to continue to increase.
From the NY Times:
The story of Venice’s rise and fall is told by the scholars Daron Acemoglu and James A. Robinson, in their book “Why Nations Fail: The Origins of Power, Prosperity, and Poverty,” as an illustration of their thesis that what separates successful states from
failed ones is whether their governing institutions are inclusive or extractive. Extractive states are controlled by ruling elites whose objective is to extract as much wealth as they can from the rest of society. Inclusive states give everyone access to economic opportunity; often, greater inclusiveness creates more prosperity, which creates an incentive for ever greater inclusiveness.
Hubbard's behaviour falls into the realm of evaluation for positive economics not normative economics. He and others like him should be disavowed en masse for their lack of professional integrity and the call is not even close. And we need to get to a point in society where we stop giving people a pass for unethical behaviour just because it is legal. We are seriously undermining the case for democracy when we allow elites to fix the rules and dance around their edges.
For the record - I have only voted against the conservative party once in my eighteen years of voting eligibility. But everything conservatism stood for when I was young - pro family pro small business- is being undermined by current catering to oligarchy elites by the right.