Tag Archives: globalization

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

Living With Immigration

It seems to me…. “Ours is an open and accepting society and has historically provided an avenue for lawful immigration to all those willing to accept the responsibilities of citizenship.” ~ Spencer Bachus[1]. The entire world is in an age … Continue reading

Posted in Afghanistan, Bernie Sanders, Britain, California, California, Central America, Christian, Clinton, DACA, Deferred Action for Childhood Arrivals, Diversity, Employment, Employment, Employment, Ethiopia, Europe, Europe, Globalization, Greece, Greece, Illegal, Immigrant, Immigration, Iran, Iran, Iraq, Iraq, Jobs, Jobs, Jordan, Lebanon, Mexico, Mexico, Mexico, Middle East, Middle-East, Migration, Morocco, Muslim, Muslim, New York, Pakistan, Populism, Refugee, Somalia, Syria, Temporary Protected Status, Texas, Texas, Trump, Turkey, Turkey, World War II | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Trump Just Doesn’t Get It

It seems to me…. “We must speak our minds openly, debate our disagreements honestly, but always pursue solidarity.” ~ Donald Trump[1]. I have avoided directly commenting on Trump’s performance as U.S. President for quite some time. While believing his actions … Continue reading

Posted in AI, AI, Artificial Intelligence, Asia, Automation, Barack Hussein Obama II, Bernie Sanders, Budget, Carmen Reinhart, China, China, Climate, Clinton, Deficit, Deficit, Donald Trump, Economy, Elections, Employment, Environment, Federal Reserve, Global Warming, Globalization, Globalization, Harassment, Harvard, Hillary Clinton, Homosexual, Honesty, Howard Stern, Immigrant, Immigration, Inequality, Intelligence Agencies, John Maynard Keynes, Kenneth Rogoff, Keynes, Less-Educated, Lies, Lies, Manchurian candidate, Marco Rubio, Mental Health, Minorities, Muslim, News, Obama, Paranoia, Populism, President Vladimir Putin, Putin, Recession, Refugee, Russia, Russia, Schizophrenia, Sex, Sexual Assault, Sexual Misconduct, Taxes, Technology, Ted Cruz, trade, Trans-Pacific Partnership, Trump, Virgil, Voters, World Trade Organization, World Trade Organization, World Trade Organization, WTO | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 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

Employment and Globalization

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]. While local loss of jobs is frequently … Continue reading

Posted in Apprenticeships, Asia, Certifications, China, College, Columbia University, Community College, Education, Employment, Employment, Energy, GDP, Germany, Globalization, Health, Healthcare, Insurance, Insurance, Ireland, Jobs, Manufacturing, Middle-Class, Offshoring, Poverty, Robotics, South Korea, Technology, trade, Transportation, University, University of California - Los Angeles, Vocational | 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