Category Archives: Disparity

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

Financial Sector Regulation

It seems to me…. “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” ~ Henry Ford[1]. Many Americans … Continue reading

Posted in Albert Gallatin, Bank of England, Banks, Banks, Bonds, Business, Consumer Financial Protection Bureau, Debt, Department of the Treasury, Depression, Disparity, Dodd-Frank, Dodd-Frank, Dodd-Frank, economics, Economy, Fiduciary Rule, Finance, Financialization, Glass-Steagall, Glass-Steagall Act of 1933, Hedge Funds, Housing, Income, Insurance, Investment, Investment, Jefferson, Jobs, Montagu Norman, Mutual Funds, Regulation, Regulation, Regulation, Savings, Shareholder, Stocks, Taxes, Thomas Jefferson, Trading Firms, Trump, Volcker Rule, Wealth | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Uncompassionate, Closeminded, Mendacious….

It seems to me…. “Hypocrisy is a value that I think has been embraced by the Republican Party. We get lectured by people all day long about moral values by people who have their own moral shortcomings.” ~ Howard Dean[1]. … Continue reading

Posted in Army, Austerity, Bigotry, Budget, Candidate, Christianity, Climate, Clinton, College, College, Conservatives, Cost, Cost, Debt, Defense, Disparity, Distortions, Donald Trump, ECON-101, Economic, Economics, Economy, Education, Education, Elections, Employment, Employment, Employment, Environment, Extremists, Funding, Funding, George W. Bush, Gun, Harry Reid, Health, Healthcare, Home, Immigration, Incarceration, Income, Inequality, Inequality, Infrastructure, Iraq, Islam, Jobs, Jobs, Judaism, Judicial, Ku Klux Klan, LGBT, Lower-Income, Military, Minorities, Muslim, Nazi, Newt Gingrich, Obama, Politics, Poverty, Preschool, Presidential, Racism, Refugee, Religion, Republican, Research, STEM, Stimulus, Stimulus, Subsidies, Supreme Court, Syria, Tax Code, Tax Cuts, Taxes, Taxes, Taxes, Tea Party, Tuition, Wages, Weapon, Wisconsin | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Reviving Economic Growth

It seems to me…. “Ever since the Industrial Revolution, investments in science and technology have proved to be reliable engines of economic growth. If homegrown interest in those fields is not regenerated soon, the comfortable lifestyle to which Americans have … Continue reading

Posted in 3D, 3D Printing, AI, AI, Artificial, Artificial Intelligence, Artificial Intelligence, Austerians, Ben Bernanke, Debt, Debt, Deficit, Depression, Depression, Disparity, Dow Jones, Economy, Elections, Employment, Employment, Federal Reserve, Federal Reserve, GDP, Globalization, Globalization, Harvard, Income, Inequality, Intelligence, Internet of Things, Internet of Things, Investment, IoT, IoT, Jobs, Kenneth Rogoff, Larry Summers, Long-Term, Northwestern University, Obama, Paul Krugman, Population Growth, Recovery, Robert J. Gordon, Secular Stagnation, Stimulus, Technology, Unemployment | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Compensating for Technological Unemployment

It seems to me…. “Unemployment is of vital importance, particularly to the unemployed.” ~ Edward Heath[1]. While there are many factors effecting how we live, work, and the quality of our lives, the dominant variable has become the rapidity with … Continue reading

Posted in Academia, AI, Artificial Intelligence, Automata, Automation, Automation, Characteristics, College, Computer, Creativity, Critical Thinking, Disparity, Economic, Education, empathy, Empathy, Employment, Employment, Human, Human Characteristics, Income, Industrial Revolution, Inequality, Intelligence, Jobs, Jobs, Judgment, Labor, Low-Skill, Plutocracy, Populism, Protest, Retraining, Robotics, Robotics, skilled, Steam Engine, Symbol Processing, Technology, Technology, Training, Unemployment, University, Vocational, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The 4th Industrial Revolution

It seems to me…. “You can see the computer age everywhere but in productivity statistics.” ~ Robert Solow[1]. Technology is rapidly changing every aspect of both work and personal life but seems to have not significantly improved economic growth. There … Continue reading

Posted in ACA, Affordable Care Act, California, Clinton, Disparity, Dodd-Frank, Economy, Employment, Employment, George W. Bush, Income, Inequality, Inequality, Jerry Brown, Kansas, Louisiana, Obama, Obama, Rand Paul, Reagan, Recovery, Stimulus, Taxes, Taxes, Technology, Texas | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Economic Transition

It seems to me…. “We know that to compete for the jobs of the 21st century and thrive in a global economy, we need a growing, skilled, and educated workforce, particularly in the areas of science, technology, engineering, and math. … Continue reading

Posted in Agriculture, AI, AI, AI, Artificial, Artificial Intelligence, Artificial Intelligence, Automation, Automation, bookkeeping, clerical, College, Compensation, Computer, Disparity, Economic, Economy, Education, Education, Education, Education, Employment, Employment, Food, Global Warming, health care, High School, Hospitality, Income, Industrial Revolution, Inequality, Inequality, infrastructure, Intelligence, Internet, Internet of Things, Internet of Things, IoT, IoT, janitors, Jobs, Jobs, Journalists, Knowledge, knowledge, Labor, Leisure, Low-Skill, Machine, Machine Learning, Manufacturing, Manufacturing, Middle Class, Middle Class, Paralegals, Recession, restaurant workers, Retail, Robotics, Secular Stagnation, shipping, Skilled, skilled, skills, Technology, Technology, Technology, Transportation, Unemployment, Wages, Wages, Warehousing, Workers | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment