Category Archives: GDP

Economic Challenges

It seems to me…. “We could solve all our problems if only we were the efficient, rational human beings of standard economic theory and had politicians willing to think in the long-term interest of their people rather than their own.” … Continue reading

Posted in Automation, Automation, Automation, Economic, economic growth, Economics, Economy, Education, Education, Employment, Employment, employment, Federal Reserve, Financial, Fiscal Policy, GDP, Gini Coefficient, Gini Coefficient, Gini Index, Gross Domestic Product, Income, Industrial Revolution, Inequality, Inequality, Investment, Jobs, Jobs, Jobs, Labor, Liquidity Crisis, Liquidity-Trap, Low-Skill, Manufacturing, Manufacturing, Monetary Policy, NAIRU, Non-Accelerating Inflation Rate of Unemployment, Obama, Phillips Curve, Post-Industrial, Postindustrial, Productivity, Productivity, Qualitative Easing, Recession, Robotics, Robots, Skilled, skilled, Stimulus, Technology, technology, Trade, Trump, Wages, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Making America Great Again

It seems to me…. “A country’s economic growth may be defined as a long-term rise in capacity to supply increasingly diverse economic goods to its population, this growing capacity based on advancing technology and the institutional and ideological adjustments that … Continue reading

Posted in AI, Artificial Intelligence, AT&T, Bell Labs, Bob Taylor, Budget, China, Congress, DARPA, ECON-101, economic growth, economics, Economy, Education, Education, education, Factor Intensity, Franklin D. Roosevelt, Funding, GDP, Gross Domestic Product, Harry Truman, human capital, Infrastructure, Innovation, Innovation, Manhattan Project, Moon, NASA, National Aeronautics and Space Administration, Physical Capital, Private-Sector, Private-Sector, Public-Sector, Public-Sector, RAND, research, Retraining, Roosevelt, Science, Solow Residual, Space, Space, SRI, Stanford Research Institute, Technology, Technology, Total Factor Productivity, Training, Truman, Truman, Trump, University, Vannevar Bush, World War II, Xerox, Xerox PARC | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment