Remove 2008 Remove Education Remove Information Technology Remove Productivity
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Keynes Is Dead, Abenomics Fizzles, US Fails to Reach Escape Velocity, Stimulus Fatigue

MishTalk

The chances are that the global economy, weighted by nominal GDP at current exchange rates, will grow at 2 percent Globalization, turbo-powered by information technology, has cut short the feedback loop between demand stimulus and supply response. The 2008 crisis prompted a pause. It continued in the following three years.

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Paying Skilled Workers More Would Create More Skilled Workers

Harvard Business

Nevertheless, few would argue that information technology permanently increased unemployment. The labor force adjusted to a new technology replacing an older one. So proposed solutions tend to involve reforming education and worker training programs. However, I argue that this view is not correct.

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Deflation Will Return: Europe First, Then US; Global Supply Arbitrage

MishTalk

Today''s information technology allows a multinational company to position research, marketing, finance and managerial jobs to anywhere. A 3 billion-yuan ($496 million) Chinese trust product is on the verge of collapse. Bloomberg reports China Trust Products Gone Awry Evoke Soros Crisis Echoes China’s $4.8

Banking 78
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The H-1B Visa Debate, Explained

Harvard Business

Titled “Buy American and Hire American,” it directs federal agencies to review whether existing policies adequately prioritize American products and protect American workers. on H-1B visas, boost the economy by increasing innovation, productivity, and sometimes even employment.