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Fun with comparative advantage

A friend recommended Tyler Cowen and Alex Tabarrok’s introductory economics textbook, Modern Principles of Economics, to me. It’s been almost ten years since I took an economics class, so I decided to take a look. I think I have noticed an exception to the law of comparative advantage as it is presented by that book. …

Welfare State Futurism

If technological progress continues, AI will eventually be able to replace all human labor. What will happen next?: (1) One much discussed possibility is that the AIs will forcibly take control from humans, perhaps killing them or perhaps just pushing them aside and running the world without significant human input. This scenario is often thought…

Homunculi and Moral Demandingness

All sensible people care non-instrumentally about things that happen in the world outside of themselves.  Would you prefer that there be more or less extreme poverty? How about war? Cancer? Even if these things don’t affect you directly, you probably care about them. Everyone also cares non-instrumentally about his own well-being. Most everyone also cares…

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