INFORMATIVE SOURCE OF INFORMATION
The Daily Bell is an informative source of information and commentary from leading figures in the liberty movement. It's a pleasure to be interviewed alongside far more notable individuals.
TRUTH AT WORK
There are very few publications out there that have the smarts and guts to tell the truth about the dictatorial forces at work destroying our civilization. Thankfully The Daily Bell is one of them, and it appears in the mailbox every day.
There is no other publication in print or on the Internet like The Daily Bell. They have the courage to report the truth and analyze current foreign policy, politics and economic events in the context of a formerly hidden history of financial elites.
For alternative views on contemporary politics, culture and science, from a libertarian point of view, check out The Daily Bell.
GREAT THINKERS YOU CAN'T GET ANYWHERE ELSE
The Daily Bell has revived that great old institution of the personal interview, extracting information from today's great thinkers you can't get anywhere else. Outstanding!
MESSAGES OF TRUTH
The Daily Bell website is one of the authentic voices cutting through the clouds of vapid opinion, the morass of mediocre media and the confusion of Orwellian doublespeak. The Bell website lives up to its name, ringing unheard messages of truth in our ears.
A MUST-READ FOR EVERYONE
The Daily Bell is a must-read for anyone who wants to understand the effects of the state on our economic future.
CUTTING EDGE ANALYSIS
At a time when growing majorities worldwide are tuning out mainstream news, people are seeking the cutting edge, insightful and thought provoking analysis that The Daily Bell consistently provides.
A LEADING LIGHT
The future is created by the people who build it, not the people who predict it will not exist. You can meet lots of important builders by reading The Daily Bell.
PREMIER FREE-MARKET ANALYSIS
The Daily Bell rings out for liberty every day. It is the premier online source for insightful and hard-hitting free-market analysis and interpretation of economic, political and business events.
Liberty is under assault by Big Government. The Daily Bell is an essential tool for information for those who want to fight for freedom.
OUT OF THE DARK
The Daily Bell leads us out of the dark tunnel of manipulated press into the light of free press.
PART OF MY DAILY NEWS DIET
I read it every day!
THOUGHTFUL NEWS, EXCLUSIVE INTERVIEWS
I always read the Bell. The news items are thoughtfully selected, and the interviews are unavailable elsewhere.
The Daily Bell is an indispensable source of news and information for those seeking to curtail the power of the welfare-warfare state.
The Daily Bell is a fantastic source of challenging thought from a wide range of freedom loving people.
I consider The Daily Bell essential reading for anyone desirous of understanding the way the world really works.
I really enjoy reading The Daily Bell for the excellent research and content provided on a wide variety of issues vital to the Freedom Movement.
The Daily Bell has a great libertarian point of view, and excellent economic analysis. Add it to your daily reading.
GUTS, OBJECTIVITY, WISDOM
Rarely does a publication have the guts and objectivity to tell it like it is, yet the eloquence and wisdom to listen carefully to the ‘other side.’ This is The Daily Bell accomplishing its daily mission.
A VIRTUAL WHO'S WHO
The good and the bad, the big dogs and the small, the thinkers and the doers among libertarians and on the "Right" – you can encounter them all in The Daily Bell's exclusive weekly interviews. Indispensable.
VOICE OF REASON
I have thoroughly enjoyed the analysis and interviews at The Daily Bell, which has so often been a voice of reason during these perilous times
PROFOUND AND PROVOCATIVE
Every day, I rely on the Daily Bell for a different perspective you'll never find in the regular media. It's an analysis and timely insight that is profound and provocative.
Sit down to read from The Daily Bell and experience a jolt of intellectual energy.
SEPARATES WHEAT FROM CHAFF
The Daily Bell is a true beacon to lead in helping the reader to separate the wheat from the chaff.
I read The Daily Bell every day and I find it very informative.
Get outside the box with The Daily Bell and experience independent views.
The Daily Bell is one of the most innovative and in-depth websites on the Internet. The breadth of the content is awe inspiring and the amount of knowledge imparted is almost impossible to quantify. For me, as a liberty minded seeker of knowledge, it is a must read.
The Daily Bell does a remarkable job of exposing how money power uses central banking to crush people into submission via global government with economic and political slavery being the desired end result.
GREAT INVESTMENT INFORMATION
I love reading The Daily Bell! Interesting investment information, a political and social viewpoint that lets me know I'm not alone in the world and "annotated" with analysis. I highly recommend it to all interested readers.
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The Daily Bell provides unique insights on contemporary political, economic and social problems that can be found in such a concentrated form nowhere else. Whether one agrees or disagrees with it, one cannot afford to ignore it.
AHEAD OF THE CURVE
The Daily Bell has come out of nowhere to introduce to the Internet community some of the most intriguing and proactive interviews there are out there. Let's hear it for creativity and being ahead of the curve.
THE DAILY BELL IS A MUST-READ
Because the world is changing so rapidly, it is difficult to keep up, which means The Daily Bell is a must read. I consider the information critically important reading.
ONE OF MY FAVORITE SITES
The Daily Bell is one of five sites that I review every day because I find there a clear, common-sense interpretation of everyday events.
I enjoy reading The Daily Bell because it often has refreshing and novel ways of looking at things.
The Daily Bell affords an excellent alternative perspective on some of the noise and nonsense of mainstream media. In particular, I enjoy reading Anthony Wile's 'free-market analysis' on current subjects and articles. Very insightful.
The Daily Bell features consistently solid analysis of and thoughtful challenges to contemporary statism. I am proud to be on the team.
READ IT EVERY DAY
A defender of free markets, The Daily Bell takes a libertarian approach to expose and unravel this global misinformation campaign. Read The Daily Bell – every day!
GREAT JOB, DAILY BELL
I can say that, unlike the mainstream press, The Daily Bell knows the questions to ask and has the chutzpah to ask them. They realize that socialism and Keynesianism are wrecking the world and they are helping to save what is left of liberty and free markets.
SOURCES YOU CAN TRUST
The Daily Bell should be on everyone's shortlist of news sources you can trust. It's on mine, and we often refer to it in our own weekly news service at The Reality Zone.
NEVER MISS AN ISSUE
I love the Daily Bell. Every issue is principled and informative.
The Rise of Robots – and Decline of Jobs – Is Here ... Last night, 60 Minutes aired an interesting report on the rise of robots in the workforce – a subject we've covered extensively. What they concluded was the robots we're seeing aren't necessarily the R2-D2's and Short Circuits of science fiction – the ones that become so self-aware that they challenge our authority, or in the worst-case scenarios (think Will Smith's I, Robot or 2001 A Space Odyssey), stage a coup and take over. − The Fiscal Times
Dominant Social Theme: Robots are going to ruin the economy.
Free-Market Analysis: We've written about this before – the idea that robots are going to deprive people of jobs − and pointed out that it is basically another economically illiterate dominant social theme.
The larger mainstream media sells news based on these kinds of scare tactics. And there are larger reasons to promote them as well. But bottom line, if it is new and newsworthy someone somewhere will figure out a way to frighten people with a gloomy and even catastrophic analysis.
This article in The Fiscal Times is only one of a number that are emerging in what could certainly be seen as the establishment of a kind of "robot meme."
Fear the robots! Here's more from the article:
They're taking our jobs. Lots of them – and it's already begun ... "There are lots of examples of routine, middle-skilled jobs that involve relatively structured tasks and those are the jobs that are being eliminated the fastest," Erik Brynjolfsson, a professor of information technology at MIT, [explains]. "Technology is always creating jobs. It's always destroying jobs. But right now the pace is accelerating. It's faster we think than ever before in history...and we're not creating jobs at the same pace that we need to."
The percentage of Americans with jobs is at a 20-year low, according to the 60 Minutes report, and the largest, most influential companies that in the old days would have hired many thousands of employees, simply don't need as many people. In 1979, for example, General Motors employed 853,000 worldwide. Today, Apple, Amazon, Facebook and Google have something close to $1 trillion in market capitalization. But together, they employ fewer than 150,000 people-- less than the number of new entrants into the American workforce every month.
Robotics expert Martin Ford, author of The Lights In the Tunnel: Automation, Accelerating Technology and the Economy of the Future, has been warning economists of this phenomenon for years – and has analyzed what the future could look like if the current pace of robotic advancement continues.
The Fiscal Times ran an interview with Ford back in July 2011. In it, Ford warns about the scary economic consequences that could take place if we sit back and do nothing.
TFT: The common argument is that technology advances society and creates jobs. Are you saying it no longer will?
MF: So far, advances in technology have allowed us to become more prosperous and push economic growth, but the reason it's made workers more productive is because machines and computers have been tools. At some point, we're going to get to where machines stop being tools to be used by workers and they become workers in their own right. Without an income, people can't participate in the economy. Alan Blinder, an economist at Princeton, has been talking about how productivity increases in the economy are no longer transmitted to workers in the form of wages. Nowadays when we see productivity increases, [the financial benefit] ends up at the top; it goes to the CEO, to the shareholders, but workers don't get any of it. It's hard to have more prosperity under this system because as workers start to lose jobs and see lower wages, they can't participate in the economy as consumers.
This sort of response is really incredible. Once additional workers in the guise of robots flood the economy they will push out regular workers. It never occurs to Ford, apparently, that he could make the same argument regarding human babies, as babies grow up and "flood the market."
It is the rankest kind of nonsense. For one thing, if robots do prove as effective as Ford believes they will be, then people may gain more free time as a result. If you don't accept this argument, and it is not a mainstream Austrian one, then certainly there is the argument that increased efficiency creates increased wealth.
This is a straightforward concept. If industry is more efficient then more developments will provide more jobs with ever higher degrees of sophistication. Even if robots will have to be created to support these new developments, there will be plenty of employment.
What saps employment from an economy is monetary inflation and subsequent busts. Concentrate on reforming the banking system rather than worrying about machinery taking over. Robotics advances technology. The Luddite mentality that advances are destructive and job sapping should have been discarded a century ago.
Of course, we notice the solution being advocated by people such as Martin Ford is redistributive. He wants government to get involved in subsidies that support displaced workers. Create a problem and then advocate for a government solution. The equation never seems to vary.
Don't be fooled. The market works. Robots won't steal your job. The Industrial Revolution didn't, either.