Tag: technological innovation
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‘Great Decoupling’ of Wages and Productivity Driven by New Technology
Huffington Post: 'Great Decoupling' of Wages and Productivity Driven by New Technology Interesting chart.
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Practically human: Can smart machines do your job?
Associated Press: Practically human: Can smart machines do your job? … To better understand the impact of technology on jobs, The Associated Press analyzed employment data from 20 countries; and interviewed economists, technology experts, robot manufacturers, software developers, CEOs and workers who are competing with smarter machines. The AP found that almost all the jobs…
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The Impact of American Manufacturing Productivity
The media is filled with stories today about Obama and Clinton, each trying to anti-NAFTA each other. Mark Perry has a fascinating post today about this at Carpe Diem (Home of the coolest economics graphs on the web.) First, there is this graph: This normalized to 2002 output levels. Except for the dip due to…
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The limits of leapfrogging
The Economist: The limits of leapfrogging The spread of new technologies often depends on the availability of older ones. MOBILE phones are frequently held up as a good example of technology's ability to transform the fortunes of people in the developing world. In places with bad roads, few trains and parlous land lines, mobile phones…
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Living Simply in Abundance (13)
The Bible's recurring economic theme is that God owns all that exists. We were created to be stewards (corporately and individually) of God's resources, and God intends for stewards to live in community-wide abundance. Human rebellion entered the equation, and that intention has been terribly marred. Part of the Good News of the coming shalom…