Category Archives: Manufacturing

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

Productivity Growth

It seems to me…. “Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.” ~ William E. Simon[1]. Productivity growth, which is … Continue reading

Posted in 3D Printing, Additive Manufacturing, AI, AI, Artificial, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Compensation, Economy, Education, Energy, Globalization, Income, Income, Industrial Revolution, Inequality, Inequality, Inequality, Intelligence, Internet, Internet of Things, Internet of Things, Internet of Things, IoT, IoT, IoT, Manufacturing, Manufacturing, Off-Shoring, Off-Shoring, Postindustrial, Productivity, Productivity, Robotics, Robotics, Steam Engine, Technology, Wages, Wages, Wages | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Human-Level AI

It seems to me…. “By far, the greatest danger of Artificial Intelligence is that people conclude too early that they understand it.” ~ Eliezer Yudkowsky[1]. Development of human-level artificial intelligence (AI) is inevitable: it is basic in human nature to … Continue reading

Posted in AI, AI, AI, Algorithm, Algorithms, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Bill Gates, Chessboard, Cortana, Cortana, Disease, Elon Musk, Employment, Exploration, Human-Level, Intelligence, Intelligent Entity, Pathogen, Poverty, Siri, Space, Stephen Hawking, technological singularity, Technology, Threats, War | Tagged , , , , , , , , , , , , , , , , , , , , | 3 Comments

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

Continuing Education

It seems to me…. “Community colleges provide higher education where people live, helping to build strong ladders of opportunity that allow people to secure a foothold in the middle class.” ~ Thomas Perez[1]. Our current education model with formal education … Continue reading

Posted in Arkansas, Assembly, Automation, Automation, Blue Collar, Blue-Collar, clerical, College, College, College, Community, Community College, Degree, Dentists, Donald Trump, Dropout, Education, Education, Education, Employment, Employment, employment, Funding, health care, Inequality, Inequality, Jobs, Jobs, K-12, K-16, Kentucky, Low-Income, Manufacturing, Middle-Income, minorities, Nurse, Nurses, Office, Online, Oregon, Pilots, Police, Public, Retraining, Retraining, Social Unrest, STEM, Student, Teachers, Technology, Technology, Tennessee, Training, Training, Trump, Tuition, Tuition, Tuition, Unemployment, Unemployment, Upper-Income | 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

Critical Agreement Possibilities

It seems to me…. “The ability to compromise is not a diplomatic politeness toward a partner but rather taking into account and respecting your partner’s legitimate interests.” ~ Vladimir Putin[1]. It is very difficult to know what priorities President-Elect Trump … Continue reading

Posted in ACA, Affordable Care Act, airports, American Society of Civil Engineers, ASCE, Bridges, Bush, Carbon Tax, China, Clean, Climate, Climate Change, College, College, Communications, COP21, Cost, Cost, Economics, Economy, Education, Education, Employment, Employment, Energy, energy, Environment, Free-Trade, Funding, George W. Bush, Gini Coefficient, Glass-Steagall Act of 1933, Global Warming, Global Warming, Globalization, Healthcare, highways, Immigration, Income, Inequality, Inequality, Inequality, Infrastructure, Internet, Jobs, Lower-Income, Manufacturing, Middle-Income, National Infrastructure Bank, National Surface Transportation Infrastructure Financing Commission, Obama, rains, Renewable, Roads, Science, Social Security, Taxes, telecommunications, TPP, Trade, Training, Training, Trains, Trans-Pacific Partnership, Trump, Vocational, Wealth, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment