Category Archives: Outsourcing

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

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

Employment And Automation

It seems to me…. “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have little.” ~ Franklin D. Roosevelt[1]. Major traditional … Continue reading

Posted in Agriculture, Agriculture, AI, AI, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Automation, Britain, China, China, College, Computerization, David Ricardo, Economic, Education, Education, Employment, Employment, employment, Ethiopia, Farming, Globalization, High School, Income, India, Inequality, Inequality, Infrastructure, Jobs, Jobs, Jobs, Low-Skill, Luddites, Luddites, Manufacturing, Manufacturing, Middle Class, Middle-Income, Off-Shoring, Outsourcing, Pareto Curve, Research, Robots, Skilled, skilled, Taxes, Technology, Technology, Thomas Carlyle, Unemployment, Wages, Wages, Wassily Leontief, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

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

Globalization Reality

It seems to me…. “Globalization is not a monolithic force but an evolving set of consequences – some good, some bad and some unintended. It is the new reality.” ~ John B. Larson[1]. Politicians always seem more interested in pandering … Continue reading

Posted in Automation, Automobiles, China, Clothing, Corporation, Economy, Education, Employment, Employment, Finance, Free-Trade, Globalization, Income, Incubators, Inequality, Infrastructure, Investment, Jobs, Jobs, Labor, Manufacturing, Offshoring, Outsourcing, Recruitment Fairs, Relocation, Renminbi, Research, Retraining, Steel, Trade, Trade, Training, Transportation, Transportation, Unemployment, Wages, Wages, Wealth, Workers, World Trade Organization | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Playing In The Global Economy

It seems to me…. “To ensure continuing prosperity in the global economy, nothing is more important than the development and application of knowledge and skills.” ~ Martin Rees[1]. Most people favor the concept of free markets. Many conservatives, while professing … Continue reading

Posted in Economics, Economy, Employment, Employment, Feee Markets, Globalization, Globalization, Interdependence, Jobs, Jobs, Labor, Low-Skill, Markets, Multi-National, Outsourcing, Skilled, Tariffs, TPP, Trade, Trans-Pacific Partnership, Wages, Workers, World | Tagged , , , , , , , , , , , , , , , | Leave a comment

The Western International Order

It seems to me… “It has been said that arguing against globalization is like arguing against the laws of gravity.” ~ Kofi Annan. Globalization is arguably the most important factor currently shaping the world economy. Unfortunately, previously consistent long-term increases … Continue reading

Posted in Financial, Globalization, Insecurity, Interdependence, Markets, Outsourcing, socio-economic, Technology, Trade, Western International Order, World, World Trade Organization | Tagged , , , , , , , , , , | 2 Comments