The Bankwatch

Tracking the consumer evolution of financial services

International agreements which guarantee certain economic minima to the world population – 1964 Rand

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Ben Evans has a post entitled “Asking the wrong questions” looks back at predictions from Rand. In particular a report from 1964 has several predictions, but this one, off the radar, caught my eye on the inaguration of Donald Trump.

I am not going political here. Just looking at facts. Rand predicted automation would result in economic diparity and assumed we would be smart enough to work together to ensure people would not suffer as a result.

Is this not the populist message?

Written by Colin Henderson

January 21, 2017 at 00:40

Posted in Uncategorized

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