Category Archives: Manufacturing

The Changing Nature Of Work

It seems to me…. “Over a long period of time, technological change is something that has been important in reducing manufacturing employment – absolutely and as a share of jobs in the economy.”  ~ Janet Yellen[1]. Forty years ago, nearly … Continue reading

Posted in AI, AI, Artificial Intelligence, Artificial Intelligence, Automation, Automation, BLS, Bureau of Labor Statistics, China, College, College, Computing, Education, Education, Employment, Employment, employment, Finance, Gini Coefficient, Gini Coefficient, Gini Index, Globalization, High School, Jobs, Jobs, K-12, K-16, Manufacturing, Middle Class, Middle Class, middleclass, New England, Off-Shoring, Off-Shoring, Outsourcing, Post-Industrial, Postindustrial, Productivity, Productivity, STEM, STEM, Training, Training, Unemployment, Unemployment, University | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Economic Uncertainty

It seems to me…. “A perfect storm is in the making: financial uncertainty, economic downturn, government cuts, rising unemployment and a future that looks less clear the more we try to fathom it.” ~ Jonathan Sacks[1]. Market volatility has recently … Continue reading

Posted in Angela Merkel, Budget, Business, CBO, China, China, Congressional Budget Office, Debt, Deficit, Deficit, Donald Trump, economic growth, Economy, Elections, Emmanuel Macron, Emmanuel Macron, Employment, employment, Federal Reserve, Federal Reserve Bank of New York, France, France, Germany, Germany, Globalization, Great Britain, Great Britain, Growth, Investment, Jobs, Macron, Macron, Manufacturing, Merkel, Recession, Technology, Technology, Trump, U.K., United Kingdom | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Admit Migrants; Deport Conservatives

It seems to me…. “As legal residents, immigrants would contribute more in taxes, spend more at our businesses, start companies of their own and create more jobs. Immigration is not a problem for us to solve but an opportunity for … Continue reading

Posted in Bias, Business, College, College, Computer Science, Conservatives, Degree, Degrees, Discrimination, Doctor, economic growth, Education, Employment, Employment, Employment, employment, Engineering, Extremists, GDP, Gross Domestic Product, Healthcare, High School, Illegals, Immigrant, Immigration, Innovation, Innovation, Jobs, Jobs, Manufacturing, Manufacturing, Medical, Medical, Migration, Research, Science, STEM, STEM, Tea Party, Technology, technology, Terrorism, TFR, Total Fertility Rate, University | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Recession Anxieties

It seems to me…. “Keynes’s contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us … Continue reading

Posted in Asia, Asia, Bonds, Brazil, Brexit, China, China, Daimler, Debt, Debt, Deficit, Deficit, Economic, economic growth, Economics, Economy, Employment, Europe, Europe, Factor Intensity, Federal Reserve, Federal Reserve, Financial, financial crisis, France, France, GDP, Germany, Germany, Gini Coefficient, Gini Coefficient, Gini Index, Globalization, Globalization, Great Britain, Great Britain, Gross Domestic Product, human capital, India, Inequality, Inequality, Iran, Iran, Italy, Italy, Japan, Japan, Jobs, Liquidity Crisis, Liquidity-Trap, Mexico, Mexico, Mexico, Michael Polanyi, NAIRU, National, Nestlé, Physical Capital, Post-Industrial, Productivity, Recession, Recession, Stimulus, Swizerland, Technology, Total Factor Productivity, Trade, Trump, Wages, Xi Jinping, Xi Jinping | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Eating Our Seed Corn

It seems to me…. “To get away from poverty, you need several things at the same time: school, health, and infrastructure – those are the public investments. And on the other side, you need market opportunities, information, employment, and human … Continue reading

Posted in Amazon, Budget, Canada, Canada, China, China, Defense, Denmark, Detroit, Economics, Economy, Education, Education, education, Employment, Employment, Facebook, Financial, Funding, Germany, Germany, Google, Health, Healthcare, Homicides, Income, Infrastructure, Investment, Japan, Japan, Jobs, Manufacturing, Medicare, Military, Research, Schools, Singapore, Swizerland, World War II | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Robotics And Employment

It seems to me…. “Increasingly, the work we do is enabled more and more by new IT, including automation, robotics, and intelligent platforms.” ~ Pierre Nanterme[1]. During the Industrial Revolution, John Stuart Mill wrote “there cannot be a more legitimate … Continue reading

Posted in AI, AI, Artificial Intelligence, Artificial Intelligence, Automation, Automation, Automation, Automation, Computer, Computerization, Education, Education, Employment, Employment, General Motors, George Devol, GM, Industrial Revolution, Industrial Revolution, Jobs, John Stuart Mill, Joseph Engelberger, Labor, Low-Skill, Machine Learning, Manufacturing, Productivity, Robotics, Robotics, Robotics, Robotics, Robots, Technology, Training, Training, Unimate, Wages, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment