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Thad Woodman

Machines Will Be Legally Careful, Not Moral. November 29, 2012. Nicholas Carr wrote a thought provoking post on the inevitability of moral algorithms: So you’re happily tweeting away as your Google self-driving car crosses a bridge, its speed precisely synced to the 50 m.p.h. limit. A group of frisky schoolchildren … Continue reading →. Declines in Labor Force Participation. November 11, 2012. Agricultural Employment Since 1870. October 9, 2012. May 9, 2012. Argument For Increasing Minimum Wage. When I s...

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Machines Will Be Legally Careful, Not Moral. November 29, 2012. Nicholas Carr wrote a thought provoking post on the inevitability of moral algorithms: So you’re happily tweeting away as your Google self-driving car crosses a bridge, its speed precisely synced to the 50 m.p.h. limit. A group of frisky schoolchildren … Continue reading →. Declines in Labor Force Participation. November 11, 2012. Agricultural Employment Since 1870. October 9, 2012. May 9, 2012. Argument For Increasing Minimum Wage. When I s...
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Thad Woodman | thadw.us Reviews

https://thadw.us

Machines Will Be Legally Careful, Not Moral. November 29, 2012. Nicholas Carr wrote a thought provoking post on the inevitability of moral algorithms: So you’re happily tweeting away as your Google self-driving car crosses a bridge, its speed precisely synced to the 50 m.p.h. limit. A group of frisky schoolchildren … Continue reading →. Declines in Labor Force Participation. November 11, 2012. Agricultural Employment Since 1870. October 9, 2012. May 9, 2012. Argument For Increasing Minimum Wage. When I s...

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Argument For Increasing Minimum Wage | Thad Woodman

http://www.thadw.us/efficiency-argument-for-increasing-minimum-wage

Argument For Increasing Minimum Wage. March 25, 2012. When I studied the economics of minimum wage policy it was framed in the context of employment. The classical line goes:. Raising minimum wages to help the poor ends up hurting them despite our good intentions. As the minimum wage increases employment decreases as employers can no longer afford to maintain certain positions. These gains in efficiency offset the losses predicted by the classical theory. The real value added by increasing the minimum wa...

2

About The Blog | Thad Woodman

http://www.thadw.us/about-the-blo

This is a repository of half-baked ideas that I want to share with people. I’m not sure if a blog is the best format since I will continually revise the content over time (and with feedback! My intention for sharing this content is to provoke thought, not to promote my own views or any factual information. I stand behind about 50% of what is published here. I welcome discussion and comments whether it be from friends and family or complete strangers. Don’t be shy! Leave a Reply Cancel reply.

3

All You Can Eat Internet | Thad Woodman

http://www.thadw.us/all-you-can-eat-internet

All You Can Eat Internet. March 25, 2012. Would you pay $50 a month for open access to droves of paid content and services? Netflix, Pandora, Hulu Plus, The New York Times, The New Yorker, Wolfram Alpha Pro, JSTOR, etc…. Here’s a sketch of a business model that provides this kind of service:. Some company I can’t think of a good name so I’ll call it a Subscription Manager. This model seems attractive to consumers as they would have access to a wide variety of paid services. One big upshot is that the Sub...

4

Adaptive Supply Theory | Thad Woodman

http://www.thadw.us/predictive-supply-theory

May 9, 2012. These are just some notes that need editing. This is an idea that I have been toying with for a while. Sometimes it feels either flawed or trivial but I still think there might be something to it. The basic thought is this: efficient markets require supply to adapt to demand. The basic reason is because demand is either fixed or stubborn and so in order for markets to clear supply must work to meet demand. First some overview on the idea. Steve Jobs says:. Instead it is the producers in thes...

5

Agricultural Employment Since 1870 | Thad Woodman

http://www.thadw.us/agricultural-employment-since-1870

Agricultural Employment Since 1870. October 9, 2012. I put together a dataset that tracks agricultural employment figures since 1870 using Census Statistical Abstracts. The first graph shows the percent of the workforce employed in agriculture starting from 1870; the second graph shows the total number of employees working agriculture and non-agriculture per year. The third graph shows that the absolute number of workers in agriculture has also shifted dramatically during this time period. Agricultural e...

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Machines Will Be Legally Careful, Not Moral. November 29, 2012. Nicholas Carr wrote a thought provoking post on the inevitability of moral algorithms: So you’re happily tweeting away as your Google self-driving car crosses a bridge, its speed precisely synced to the 50 m.p.h. limit. A group of frisky schoolchildren … Continue reading →. Declines in Labor Force Participation. November 11, 2012. Agricultural Employment Since 1870. October 9, 2012. May 9, 2012. Argument For Increasing Minimum Wage. When I s...

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