Tag Archives: unemployment

Public Transportation in the United States of America

I was traveling in the USA this summer, and after I had a very negative experience due to an incompetent worker in the public transportation industry I vowed I would write a blog post about it. Actually, I sort of … Continue reading
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What is right / wrong, good / bad about self-promotion

In the 20th century, self-promotion acquired a bad name. I think I can explain why, but explanation is rather complicated. After the modern capitalism was invented in the 18th century and became widely established throughout the western hemisphere in the … Continue reading
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21st Century Production Functions and Implications for the Labor Force, Employment, Unemployment and the General Population

I have been thinking a lot about economic models ever since I studied economics, but I have been thinking about them a lot more since the financial crisis. One point that has been a part of my thinking for a … Continue reading
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Why isn’t 100% Unemployment the Goal for an Advanced Industrial Economy?

Imagine solar-powered robots could do everything needed in an economy with no adverse effects to the environment. If that were possible, then I don’t understand why it would be good to employ people. I have actually wondered for several years … Continue reading
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The carpet, too, is moving under you…

Last week Paul Krugman acknowledged the existence of a global marketplace for work (in which not only employees in different countries compete for wages, but also robots are now increasingly displacing workers). Over the weekend, he posted this: the Fed’s … Continue reading
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Moving Forwards

You are tired of moving forward… There is a sad irony in the ridiculousness of many of the stories that get told. Paul Krugman, asking “Technology or Monopoly Power?” now cites the following: Even so, most Americans still believe that … Continue reading
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Marxism in America

Paul Krugman finally wakes up (to the fact that employment doesn’t matter)! Continue reading

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