Hello reader, wha-at’s happening?

This week, I stepped a bit in a hornets nest over at the r\antiwork community.

I published the following article on Reddit Pensions Are a Scam — We Could Retire After 12 Years and was surprised at the backlash. Around 60% of the community was supportive - but the others responded with borderline hatred. I'm still not sure what the root cause is.

The gist of the post is that we could be working less - based on an estimate I've made.

I think the major issue was misunderstanding - it seems some people thought I was anti-modernity and promoting a primitive-like society. In actuality, I actually believe we can't go back: we are reliant on synthetic fertilizers to feed ourselves and around 3.5 billion people will die if we stop using them without a replacement.1

Anyway, there were some useful comments that have served as food for thought. For example, I have double-checked the math behind the claim that 41% of GDP represents a living-income for everyone in the US population. (Which I claim in the text describing the underlying estimate A 10-hour Workweek is Enough (To Satisfy Everyone’s Needs).

I see it as a learning experience.

Anyway, here is the post if you want to check it out. Note that it eventually got banned by the mods.

1Our World in Data estimates that 3.5 billion people would have died in 2015 if we stopped using synthetic (nitrogen) fertilizers. Source: Ritchie, Hannah. “How Many People Does Synthetic Fertilizer Feed?” Our World in Data, November 7, 2017. https://ourworldindata.org/how-many-people-does-synthetic-fertilizer-feed.

Progress made

Part of my roadmap is to analyze the work that is "necessary."

To this end, I'm working on texts about what's necessary for health. The ideas are relatively developed - but it's always a challenge to put them in words in a way that 1) is interesting, and 2) analytically correct.

This week I managed to publish the following:

I have more in the works, but I admittedly got a bit sidetracked this week due to the hornet nest.

Thought of the week

When governments say they want to "reduce inflation," it doesn't mean reducing prices - it means reducing the rate of price increases. For example, instead of prices rising at 6-7% per year they "only" want them to increase say ~3% per year.

That’s it for this week.

In the meantime, vive la résistance!

And vive la liberté!

Keep reading