Marxism to be Challenged on the High-Seas by Robot Ships? | Armstrong Economics

A new technology is underway in the construction of the first robot cargo ship. This will be the first unmanned cargo ship to set sail. It is being constructed by Rolls-Royce. There is a catch. The international laws on shipping were set in place because of unions. As is, international shipping law states that ocean-going vessels must be “properly” crewed. What is the definition of that “properly crewed” will be something for the courts to decide. If a robot can construct a car, does that mean it is not a proper car? Therefore, fully autonomous, unmanned ships may currently not be allowed in international waters under the present interpretation, but that is definitely something subject to challenge in a legal proceeding. As such, the Yara Birkeland, its official name, will operate close to the Norweigan coast at all times for now between three ports in the south of the country. If that goes well, then look for this to become a new challenge to the interpretation of old Marxist union laws.
— Read on www.armstrongeconomics.com/markets-by-sector/technology/marxism-to-be-challenged-on-the-high-seas-by-robot-ships/

Greece Going After People Who Rent Their House Out for Taxes | Armstrong Economics

The Greek tax authorities are really destroying any semblance of a free society all to satisfy the EU. Tax agents have been pretending to rent houses for a vacation and then monitoring if the people pay taxes. The government is pro-actively sending out people to do business and they are looking to see what you do. God help you if you do not report finding €10 in the parking lot. The Greek people have gotten NOTHING out of the Euro. Had they stayed out of the Euro, tourism would be up for it would be the cheap place to go, although it has finally risen 8% in 2017 as the cold weather in the north has sent Europeans fleeing to the sun. As tourism hit a record high, the tax man wants their action.
— Read on www.armstrongeconomics.com/world-news/taxes/greece-going-after-people-who-rent-their-house-out-for-taxes/