Category Archives: Economist

Effects of Economic Inequality

It seems to me…. “Ill fares the land, to hastening ills a prey, Where wealth accumulates, and men decay.” ~ Oliver Goldsmith[1]. Every previous civilization has been destroyed by the unequal distribution of wealth and power. The more advanced the … Continue reading

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Tax Reform

It seems to me…. “Tax reform is taking the taxes off things that have been taxed in the past and putting taxes on things that haven’t been taxed before.” ~ Art Buchwald[1]. There currently is considerable discussion regarding tax reform … Continue reading

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Potential Employment Changes

It seems to me…. “I see three forces militating in favor of growing inequality: increasing measurement of worker value added, automation through smart software, and globalization.” ~ Tyler Cowen[1]. There is considerable evidence that technological advancement is eliminating job categories, … Continue reading

Posted in AI, AI, Architects, Artificial Intelligence, Artificial Intelligence, Automation, China, clerical, Computer, Computing, Economic, Economist, Economy, Education, Employment, Employment, engineer, Europe, Food, Globalization, Globalization, healthcare, Hospitality, Income, Inequality, Jobs, John Maynard Keynes, Keynes, Labor, Low-Skill, Luddites, Luddites, Lyndon Johnson, Manufacturing, Manufacturing, Middle Class, New York Times, Off-Shoring, Offshoring, Outsourcing, Productivity, Protest, Protest, Recession, Retraining, Retraining, Robotics, Sales, skilled, skills, Technology, Training, Upper-Income, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments