Are the productivity gains from tech fading?

I’ve struggled with an idea for a while, the idea that economic productivity gains from technology are stalling out. Productivity in general had a good run leading up to the Great Recession, but the long run average has faded ever since (as shown in this graph from the FT). Productivity was long a key metric […]

Technology has created more jobs than it has destroyed, says 140 years of data | Business | The Guardian

A study by economists at the consultancy Deloitte seeks to shed new light on the relationship between jobs and the rise of technology by trawling through census data for England and Wales going back to 1871. Their conclusion is unremittingly cheerful: rather than destroying jobs, technology has been a “great job-creating machine”. Findings by Deloitte […]

Are you being commoditized?

Are you being commoditized? The nature of work is evolving and we must respond by changing the way in which we approach our careers. Failing to react to these circumstances is choosing to acceptance the consequences. Discounting the forces which drive them is either an act of willful ignorance or something worse. Consider yourself warned. […]

Student Loan Debtors Should Reap What’s Been Sown for Them…

…or something. Veronique de Rugy, unserious shill for the wealthy, is at it again.  She’s now advocating that the screws not be loosened off of those drowning in student loan debt due to the perverse consequences it might cause.  (Yes, I’m mixing metaphors. Get over it.) Let’s review this logic: If you found this interesting, […]

Is College a Gamble?

I read a Fast Co. article by Gregory Ferenstein last week, “What College Degrees Are Really Worth,” which shared information on median earnings by major group. (Displayed in the image below.)  As someone who is working on a second masters, in a down and highly uncertain economy, the article got the wheels turning and eventually led to […]