Though we don’t like the sound of it, prices aren’t increasing as fast as the economy’s overlords would like. We might need to thank globalization for that. Continue reading “Inflation Is Weird Right Now”
The plight of workers in a changing economy being taken over by robots continues to be the buzz on the street. Everywhere we turn, we are reading, listening or spouting about the demise of the American worker. Unless we all become salespeople. Continue reading “Robots Don’t Need No Man, But They Can’t Sell”
Donald Trump, the 45th President of these United States, has spoken emphatically about the factories that are running away from the United States and into the arms of Mexico and China. He said, “I have visited cities and towns across this country where one-third or even half of the manufacturing jobs have been wiped out in the last 20 years.” He believes that the politicians we have elected are responsible for allowing this “disaster” to happen. Factories shut down, leaving cities is a state of disrepair, and utterly destroying the middle class. Continue reading “Sir Arthur Lewis: Progress Always Beats Nostalgia”
As we continue examining the foundations of our modern economy, let’s take a look at how our parents’ generation helped revolutionize labor skills, before getting left behind.
In a time of comprehensive labor market disruption, no one needs to be reminded that jobs and their respective incomes are always changing in the modern economy.
In this series, we’re going to dive into how the occupations of yesterday have changed with each generation. By exploring this transformation, we may be able to uncover trends that will better prepare us for the unpredictable labor force of tomorrow.
Let’s kick things off with everyone’s favorite sender of $10 birthday cards, our magnificent grandparents of “The Greatest Generation.” Continue reading “Why Our Grandparents Don’t “Get” the Modern Economy”