“College Grads: It’s a Different Economy”

This is very good:

There are opportunities, but they require a deep understanding of risk and security. A livelihood with day-to-day low-level insecurity and volatility is actually far more stable and secure than the cartel-state one that claims to be guaranteed.
 
The burdens of Fed manipulation and the cartel-state rentier arrangements will come home to roost between 2015-2017. Those who are willing to seek livelihoods in the non-cartel economy will likely have more security and satisfaction than those who believed that joining a rentier arrangement was a secure career.
 
There is a price to joining a parasitic rentier arrangement, a loss of integrity, agency and independence. Complicity in an unsustainable neofeudal society has a cost.

Read the whole thing.

(Via Lex and ZeroHedge.)

Final Version of the America 3.0 Dust-Jacket Cover

America 3.0

This will be cover on America 3.0: Rebooting American Prosperity in the 21st Century-Why America’s Greatest Days Are Yet to Come, which will be published on May 28, 2013.

Jim Bennett and I went back and forth with our publisher, Encounter, on this cover. We are grateful for their diligent work, and we are very pleased with the final version. Encounter had the original idea of three bands depicting America 1.0, 2.0 and 3.0. The original picture for 1.0 was different, but this one works nicely. It shows a farmer plowing with animal muscle power. That is precisely the image that captures the A1.0 era. It was a time of family-scale farms, and it was before the introduction of mechanical power. The second image is of an industrial era auto assembly line. This is the epitome of A2.0. It is mass production, motor power, wage work not independent business ownership, big business, big labor and in the background, big government. It was a great world in many ways, but it is a past that will never come back. Of course, it is impossible to photograph the future, and unless we had the budget to make a “science fiction” picture, the top band, A3.0 could only be a rough approximation. Still, this pictures captures much of the story. It shows an exurban landscape, with a highway but lots of green. We anticipate that there will be much more dispersion of the American people across the landscape, for reasons we describe in the book, especially in Chapter 1: America in 2040. Also, the color scheme shows increasing brightness, indicative of the hopeful future we foresee for America.

Cross-posted on America 3.0

SWOT Analysis of Boston Marathon Bombing

Negative items (weaknesses and threats) first.

Overconcentration of political belief systems by geography and especially by vocation, notably in journalism; the corresponding threat is misdiagnosis of motivation and identity of perpetrators.
This was on full display over the past week, and although the most prominent examples were instances of the amazingly robust narrative about a supposed right-wing fundamentalist Christian underground, the persistence of which reveals a great deal about the mindset of the “liberal” bien-pensant, they’re not the only ones who have this problem. Claiming that people in Boston are cowering under their beds and wishing they had AR-15s, or casually accusing various (and singularly unimpressive) American politicians of being Communists, isn’t much better than fantasizing about entirely nonexistent WASP terrorists. And there has already been at least one wild-goose chase in recent years, the nationwide Federal investigation to find the co-conspirators of Scott Roeder in the assassination of George Tiller. He didn’t have any, and was known very early on to have acted alone. Your tax dollars nonetheless went to work; see also “memetic parasitism,” below.

Read more

Goodbye, Intrade

Well, this stinks.

Intrade was the Breitbart of political prediction makers. Many bookies take political bets but Intrade, the offshoot of a sports betting shop, was the only one to specialize in politics and the only site to quote political odds in financial-market terms that speculators are comfortable with. There are alternatives to Intrade but none of them is quite as good.

Intrade’s closing doesn’t come as a complete surprise. It was long under pressure from a tacit coalition of domestic financial exchanges and gambling interests, operating indirectly through US regulatory agencies, the Justice Dept. and Congress. The untimely death a couple of years ago of Intrade’s founder and CEO may have left Intrade fatally vulnerable to political attack.

Maybe someone will eventually set up another site like Intrade in a country remote from US jurisdiction, but that is a tall order. Intrade’s closing is a big loss.

UPDATE: Possible financial irregularities. I have no idea if the insinuations of corruption at Intrade have any merit. Perhaps we will find out. Clearly, Intrade had few US friends other than its customers and quite a few other people who relied on Intrade for information unavailable elsewhere. In any event Intrade performed a valuable service and will not easily be replaced.

The Apple II of 3 D Printing?

It may be 1977 all over again.

Check out the Form 1 Kickstarter page  

The Formlabs home page and their blog.

I recently reviewed Chris Anderson’s book Makers. What 3 D printing needs is the affordable, user-friendly, versatile device to move 3 D printing from the arcane realm of  techno-hobbyist geeks to the general population’s “early adapters”, which will put the next “consumer model” generation on everyone’s office desk; eventually as ubiquitous as cell phones or microwaves.

Formlabs should send one of these to John Robb and Shloky for a product review.

Hat tip to Feral Jundi

Cross-posted from zenpundit.com