Forging the New Consensus

the New Consensus blog

Introducing Lucky Bastards

This week they crowned the first trillionaire. The story we're being sold about how he got there is a con. So I wrote a short, free book about the truth of Elon Musk's career — how much of it was funded by the US government, and how much was just dumb luck. It's the first in a series we're calling Lucky Bastards.

Zack Exley··3 min read
SeriesWhy Capitalism Can't Survive AI

A four-part series on the coming economic crisis and the only way through

Part 1: This Time It's Different

Part 1: This Time It's Different

People have been predicting that machines would take all the jobs since the invention of the power loom. So far, they've been wrong every time. I'm going to make the case that this time really is different.

Zack Exley··18 min read
Part 3: UBI Can't Save Us

Part 3: UBI Can't Save Us

Universal Basic Income is what most smart people assume is at least part of the solution. It's not. And I don't mean insufficient or politically difficult. I mean the math doesn't work.

Zack Exley··16 min read
Part 4: Only One Door Left

Part 4: Only One Door Left

Every argument for UBI, followed all the way to its conclusion, ends up being an argument for public ownership. There's exactly one arrangement where the math works.

Zack Exley··20 min read