Category Archives: Economic

Automation and Human Labor

It seems to me…. “I see robotic technology getting rid of the dangerous, the dirty, and the just plain boring jobs. Some people say, ‘You can’t. People won’t have anything to do.’ But we found things that were a lot … Continue reading

Posted in Automation, Automation, Automation, Automation, Certifications, College, College, Community, Community College, Computerization, ECON-101, Economic, economics, Economy, Education, Education, Employment, Employment, employment, Engineering, H-1B, H1-B, Immigration, Income, Income, Inequality, Inequality, Infrastructure, Infrastructure, Innovation, Innovation, Investment, Investment, Jobs, Jobs, Labor, Labor, National Infrastructure Bank, Post-Industrial, Post-Manufacturing, Research, Robotics, Robots, Science, Social Security, Technology, Technology, Training, Visa, Vocational, Wages, Wages, Wages | 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

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

The Role of Debt

It seems to me…. “A national debt, if it is not excessive, will be to us a national blessing.” ~ Alexander Hamilton[1]. There always seems to be considerable condemnation, especially by conservatives, of any kind of debt. Historically, the British … Continue reading

Posted in Debt, Debt, Debt, Economic, Economy, Federal Reserve, Federal Reserve, France, GDP, Germany, Great Britain, Great Britain, Growth, Housing, Housing, Industrial Revolution, Inequality, Inequality, Inequality, Infrastructure, Investment, Investment, Italy, Japan, Mortgages, Napoleon, National, Railroads, Recession, Roads, Stimulus, Taxes, Water Systems | 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

Investment Uncertainty

It seems to me…. “The main purpose of the stock market is to make fools of as many men as possible.” Bernard Baruch[1]. The world today is more diverse – and wealthy – resulting from globalization enabled by Western neoliberal … Continue reading

Posted in Asia, Banks, Business, China, Crisis, Democrats, Downturn, Economic, Economy, Employment, Europe, Federal Reserve, Federal Reserve, Finance, Financial, Financial, Globalization, Income, Inequality, Investment, Investment, Jobs, Manufacturing, Manufacturing, Markets, Markets, Oil, Petroleum, Qualitative Easement, Recession, Recession, Recovery, republicans, Stimulus, Stimulus, Stock Market, Stock Market, Stocks, Technology, Trade, Trade, Wages, Wages, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment