Episode #211: Free-rider Friday - September 2018

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Ron’s Topics

South China Morning Post, September 8, 2018, “Doctors said the coma patients would never wake. AI said they would—and they did.”

Thank you to our listener Geir for passing this along.

Surveillance State,” Kevin D. Williamson, September 13, 2018, National Review

When everyone is the last one out,” The Economist, August 4, 2018

Japanese work notoriously hard, 12 hour days are not uncommon, only 10 holidays per year, and it leads the world in paternity care, but only 5% men use it, and then for just a few days.

The Japanese have given the world the term karoshi—death by over work. They had employment for life post World War II, making it nearly impossible to fire, vestiges of which is holding them back: Japan has the lowest productivity of the G7 countries.

Companies tend to judge employees by input not output, and pay not on merit, but years served. The law should make it easier to hire and fire, allowing women more chances; fathers could bring up offspring, and it might even lead to more babies, suggest The Economist. The latter seems doubtful to me.

“Having a Cow,” Metro USA [from The Limbaugh Letter]

Fragile Millennials can now engage in “cow cuddling.”

For $300, stressed snowflakes can hug and “groom” a cow for 90 minutes at Mountain Horse Farm in upstate New York. We guess, don’t knock it until you tried it, but…

Cows will “pick up on what’s going on inside and sense if you are happy, sad, feel lost, anxious, or are excited, and they will respond to that without judgment, ego, or agenda.”

How udderly inspiring, as Rush says. No mention of barnyard odors.

What about consent? #MooToo?

States’ deregulatory push threatens CPA licensure,” Journal of Accountancy, September 7, 2018

Rory Sutherland, Spark.me, July 2017, “The Science of Knowing What Economists Are Wrong About,” in Montenegro

Another excellent video from Rory worth watching.

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Donald Trump’s speech to the United Nations, September 25, 2018

Geir’s question

Wonder what you think of his speech and your view on the ideology "globalism"? I prefer the ideology of liberty.

Ed’s Topics

Scarcityist-in-Chief,” Donald Boudreaux, CafeHayek

See our show with Donald Bodreaux here.

XKCD.com, 66 Time, September 21

Comment

Ed Kless

Ed Kless joined Sage in July of 2003 and is currently the senior director of partner development and strategy. He develops and delivers curriculum for Sage business partners on the art and practice of small business consulting. Courses include: Sage Consulting Academy, Business Strategy and Customer Experience Workshops. Ed is the author of The Soul of Enterprise: Dialogues on Business in the Knowledge Economy, a compendium of a few of the episodes of his VoiceAmerica talk-show The Soul of Enterprise: Business in the Knowledge Economy with Ron Baker, founder of the VeraSage Institute where Ed is also a senior fellow.