Category Archives: Automation

Employment Requires Increased Educational

It seems to me…. “Education is the passport to the future, for tomorrow belongs to those who prepare for it today.”  ~ Malcolm X[1]. As the economy moves deeper into the knowledge-focused age, changes are affecting the very nature of … Continue reading

Posted in AI, AI, Analytical Skills, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Automation, College, College, Communications Skills, Computer Science, Computerization, Computerization, Computing, Degree, Economy, Education, education, Employment, Employment, employment, experience, Funding, Graduate, High School, Income, Infrastructure, Infrastructure, Jobs, Jobs, Learning, Lower-Income, Manufacturing, Middle-Income, Retraining, skilled, social skills, Training, Training, Wages, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Positive Economics And International Trade

It seems to me…. “The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” ~ Thomas … Continue reading

Posted in Automation, Automation, Automation, College, College, Comparative Advantage, Comprehensive and Progressive Trans-Pacific Partnership, Computerization, Consumer Surplus, CPTPP, Disparity, Education, Elections, Employment, Employment, Employment, employment, EU, EU, European Union, European Union, Exports, Globalization, Globalization, High School, Imports, Income, Inequality, Inequality, Japan, Japan, Jobs, Manufacturing, NAFTA, Normative Economics, normative EconomicsN, North American Free Trade Agreement, Off-Shoring, Off-Shoring, Offshoring, Outsourcing, Positive Economics, Producer Surplus, Technology, TPP, Trade, Trade, Trans-Pacific Partnership, Trump, University, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in AI, Artificial Intelligence, Automation, Automation, Caucasian, Demagogue, Economics, Economist, Economy, Education, Elections, Employment, Employment, employment, Gini Coefficient, Income, Income, Industrial Revolution, Inequality, Jobs, Jobs, middleclass, Non-Hispanic, Populism, Poverty, Robotics, Technology, Trump, Unemployment, Unemployment, Wages, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Automation and Human Labor

It seems to me…. “I see robotic technology getting rid of the dangerous, the dirty, and the just plain boring jobs. Some people say, ‘You can’t. People won’t have anything to do.’ But we found things that were a lot … Continue reading

Posted in Automation, Automation, Automation, Automation, Certifications, College, College, Community, Community College, Computerization, ECON-101, Economic, economics, Economy, Education, Education, Employment, Employment, employment, Engineering, H-1B, H1-B, Immigration, Income, Income, Inequality, Inequality, Infrastructure, Infrastructure, Innovation, Innovation, Investment, Investment, Jobs, Jobs, Labor, Labor, National Infrastructure Bank, Post-Industrial, Post-Manufacturing, Research, Robotics, Robots, Science, Social Security, Technology, Technology, Training, Visa, Vocational, Wages, Wages, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Post-Industrial Economy

It seems to me…. “Our working hypothesis is that the status of knowledge is altered as societies enter what is known as the postindustrial age and cultures enter what is known as the postmodern age.” ~ Jean-Francois Lyotard[1]. Over the … Continue reading

Posted in Asia, Automation, Automation, China, Communications, Cross-Border, Depression, Digitization, Economy, Education, Education, Employment, employment, Europe, Fortune, Global 500, Globalization, Globalization, Income, Innovation, Jobs, Labor, Magazine, Manufacturing, Manufacturing, Middle-Class, Off-Shoring, Offshoring, Outsourcing, Productivity, Startups, Technology, Trade, Trade, trade, Transportation, Unemployment, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

GDP And Productivity

It seems to me…. “The welfare of a nation can scarcely be inferred from a measurement of national income as defined by the GDP.” ~ Simon Kuznets[1]. U.S. economic recovery following the 2008 economic crisis, though better than in many … Continue reading

Posted in Airbnb, Automation, Automation, Automation, BLS, Bureau of Labor Statistics, Computerization, Digitization, economics, Economist, Economy, Education, Employment, Employment, employment, Encyclopedia, GDP, GPS, Gross Domestic Product, IMF, Infrastructure, Innovation, International Monetary Fund, Internet, Internet of Things, IoT, Jobs, Productivity, Retraining, Skype, Solow Residual, Technology, Training, Typewriter, Uber, Wikipedia, YouTube | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment