Bill Gates has put forward an odd idea, that we should tax the production of those robots as they all come to steal our jobs. This is a bad idea, an error, we should do absolutely no thing. The error stemming from a misunderstanding of the production of value and what happens to it when produced.
It’s entirely true that Bill Gates is very much brighter than I am. That he is one of the world’s richest people and I an economic scribbler is not because my intellect outshines his. However, it is still true that we all have our […]
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