How the World Ran Out of Everything

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>“In a race to get to the lowest cost, I have concentrated my risk. We are at the logical conclusion of all that.” Just about sums it up.

minus_minus

Paywall. I am not a bot. Would you please post the text of the article here?!

Pair_Unusual

It’s almost as if optimizing for profit doesn’t work out to the benefit of society. Crazy.

makeme1witherrthing

A quip I heard many years ago was that if economists designed humans, we’d only have one kidney and a much smaller liver. There’s a fundamental tradeoff between efficiency and resiliency that doesn’t get near as much attention as it deserves.

FuguSandwich

Don’t companies get taxed yearly for the value of the inventory?

sushil33t