asterisk2a + knowledge + change + blue-collar   37

Paul Mason: what they aren't telling you about work - YouTube
hollowing out // automation - vs - skill & problem solving (figuring out how to automate/put something together/create new) - vs - end of the chain work (low end, manual, repetitive, service...) // within the next 20 years, 47% of jobs in developed world could be replaced by robots/automation/machines // Future of Work is about problem solving, not putting (end of the chain) things together. figuring out the new, making the new, making something better, more efficient, faster, better quality, ... // and as it stands now, those who reap the rewards will be few. and gov policy, ie tax evasion, tax avoidance, tax code, fairness, --- gains have to be shared.
squeezed  middle  class  White-collar  Worker  Blue-collar  Worker  manual  labour  labour  market  job  creation  skill-biased  technological  change  practical  skill  set  practical  skills  skill  gap  capital  skills  skills  gap  automation  Robotics  working  poor  Software  Is  Eating  The  World  3D  printing  Manufacturing  industrial  policy  UK  USA  Europe  developed  western  Future  of  Work  knowledge  economy  Problem  Solving  Mobile  Creatives  Mobile  Creative  domain  knowledge  knowledge  algorithm  precarious  Zero  Hour  Contract  Contractor  self-employment  insecurity  job  security  technological  progress  STEM  Makers  protectionism  Research  Revolution  2.0  Revolution  Universal  Basic  Income  tax  credit  tax  free  economics  of  abundance  marginal  cost  renewable  energy  Marketplace  destruction  creator  innovator  innovation  entrepreneurial  entrepreneurship  entrepreneur  Precariat  Share  post-capitalism  Super  Rich  1%  inequality  mobility  social  mobility  rapid  change  generational  change  tax  code  capital  gains  tax  growth  wage  stagnation  secular  stagnation  productivity  output  gap  shared  economic  interest  Wall  Street  exploitation  shareholder  value  profit  maximisation  fairness  Generationengerechtigkeit  Gesellschaft  identity  status  status  social  status  social  an 
august 2015 by asterisk2a
Fachkräftemangel Warum nicht mehr Facharbeiter nach Deutschland kommen - SPIEGEL ONLINE
http://www.arbeitsagentur.de/web/wcm/idc/groups/public/documents/webdatei/mdaw/mta4/~edisp/l6019022dstbai447048.pdf +++ Zwar gibt es Informationsangebote wie die Internetseite >> www.make-it-in-germany.com. << Doch dass Deutschland inzwischen nicht nur um Ingenieure und Informatiker wirbt, sondern auch um Lokführer und Leitungsinstallateure, dürfte in weiten Teilen Chinas oder Indiens noch unbekannt sein. // +++ Same as USA Green Card - Labor Certification Category ( http://en.wikipedia.org/wiki/Permanent_residence_(United_States)#Green_card_holders_and_families ) // q is still, how is the image around the world about germany and its people towards immigrants and the possibility to be folded in, mesh-in into Germany!? And certainly about the language barrier? Germans know their basic english in the job - should that be communicated - that if all fails you can use english? 2nd how about offering free German language courses for 3 years? and an assistant to help through bureaucracy? //
immigration  knowledge  worker  knowledge  economy  domain  knowledge  human  capital  skill-biased  technological  change  capital  skills  practical  skills  practical  skill  set  Germany  Green  Card  workforce  Fachkräftemangel  education  policy  demographics  demographic  bubble  society  image  brand  details  White-collar  Blue-collar 
august 2014 by asterisk2a
If Schools Don't Change, Robots Will Bring On a 'Permanent Underclass': Report | Motherboard
via http://www.reddit.com/r/Futurology/comments/2ct2xs/if_schools_dont_change_robots_will_bring_on_a/ The respondents overwhelmingly agree that this lovely future where robots do the work and humans design the robots and everyone has leisure time and lots of money only exists in a fantasy future where the school systems pump out a shitload of Elon Musks and Sergey Brins—or, at the very least, people who can reliably work at the companies those guys own. [...] only the best-educated humans will compete with machines [...] and education systems [around the world] are still sitting students in rows & columns, teaching them to keep quiet and memorize what is told to them, preparing them for life in a 20th century factory.” // Rise of Service Jobs (dominance) in USA, even post-GFC. // ADD: http://www.washingtonpost.com/blogs/on-leadership/wp/2014/08/07/are-robots-coming-for-your-job/
Robotics  AI  Future  of  Work  Start-up  of  You  Mobile  Creative  Mobile  Creatives  Year  of  Code  skill-biased  technological  change  practical  skills  practical  skill  set  capital  skills  knowledge  worker  White-collar  Blue-collar  human  capital  creativity  destruction  value  creation  Problem  Solving  complexity  unknown  unknowns  unintended  consequences  education  policy  Public  HR  human  resources  hiring  underemployed  structural  unemployment  employment  unemployment  leisure  time  disposable  income  working  poor  squeezed  middle  class  flat  world  globalisation  globalization  competitive  advantage  comparative  advantage  competitiveness  Competition  competitive  Career  Politicians  Precariat  Proletariat  sociology  psychology  Universal  Basic  Grundeinkommen  precarious  precarious  employment  Services  Industry  service  income  mobility  social  mobility  income  inequality  Gini  coefficient  living  wage  standard  of  living  minimum  wage  wage  stagnation  workforce  labour  economics  labour  market  middle  class  status  quo  sector  Europe  USA  disruption  knowledge  economy  domain  knowledge  domain  expertise  expertise 
august 2014 by asterisk2a
The Futurist: The Education Disruption : 2015
Hence, the superstar of the modern age is not the person with the best degree, but rather the person who acquires the most new skills with the greatest alacrity, and the person with the most adaptable skillset. [...] (Moody's has already downgraded the outlook of the entire US higher education industry). But most importantly, the most valuable knowledge will become increasingly self-taught from content available to all, and the entire economy will begin the process of adjusting to this new reality. // Book: The Start-up of You - Reid Hoffman.
Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  creativity  practical  skills  practical  skill  set  learning  adaptability  MOOC  education  bubble  Year  of  Code  digital  divide  White-collar  Blue-collar  employment  book  life  hacker  life  lesson  Public  Policy  education  GDP  happiness  index  satisfaction 
july 2014 by asterisk2a
Henrik Müller über Wirtschaftswachstum 2014: Die Pessimisten sind los - SPIEGEL ONLINE
GDP  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  2014  economic  history  digital  economy  happiness  index  Mobile  Creative  Mobile  Creatives  knowledge  worker  knowledge  economy  Age  digital  artist  digital  content  content  creator  New  academia  academics  Wikipedia  freemium  balance  sheet  recession  liquidity  trap  hunt  for  yield  ZIRP  QE  NIRP  deflation  deflationary  lost  generation  lost  decade  Year  of  Code  White-collar  Blue-collar  hybrid  work  workless  6-hour  work  day  workforce  working  poor  squeezed  middle  class  productivity  output  gap  Silicon  Valley  education  policy  practical  skills  practical  skill  set  disposable  income  leisure  time  Robert  Skidelsky  volunteering  volunteer  maximisation  of  happiness  Jack  of  All  Trades  Future  Future  of  book  Tim  Ferriss  work  life  balance  worklife  underemployed  self-employment  freelance  freelancing  complexity  unknown  unknowns  GFC  greatdepression  greatrecession  Europe  UK  USA  PIGS  debtoverhang  sovereign  debt  crisis  Richard  Koo  Super  Cycle  debt  monetization  debt  monetisation  debt  bubble  debt  jubilee  Japan  BOE  Fed  ECB  Open  Source  Linux  GitHub  BOJ  sharing  economy  less  more  zeitgeist  generational  change  Millennials  generationy  Consumerism  digital  digital  consume 
july 2014 by asterisk2a
Steve Jurvetson never sells a share of a company he invests in - YouTube
59m7s >> what if we erase the digital divide ... transforming the pyramid into a conical spike because of winner takes all network effects. .... >> ~30hr work week - Robert Skidelsky, ... contribution to the collective worth society, unpaid. - unconditional living wage/income ... a basic income redistribution. fairness. people that work in low to non-profit companies because of added value to society ... paid by excess profits of X ... we are all in the same boat. we are all interconnected. dependent on each other. +++ http://youtu.be/pDVDWNguPs4?t=1h5m20s // doing more with fewer staff. & practical skills you need in today's workplace, u don't learn at university. Elon Musk, the most important men 4 the future. bc he's swinging big, willing to fail with his ambition(s). attracts similar minds. [down the line come's Bill Gates 2.0, Larry & Sergey, & others that work on sustainability of food and energy.] ADD Larry Page on that topic - http://on.recode.net/1qZC7oZ // vid id Wdnp_7atZ0M
peak  employment  unemployment  structural  unemployment  long-term  unemployment  employment  Mobile  Creative  Mobile  Creatives  knowledge  worker  White-collar  Blue-collar  Year  of  Code  digital  divide  productivity  output  gap  flat  world  globalization  globalisation  competitive  advantage  competitiveness  competitive  Competition  social  mobility  income  mobility  Gini  coefficient  Super  Rich  capitalism  USA  offshoring  outsourcing  1%  network  effects  global  competitive  landscape  workforce  Robert  Skidelsky  academia  academics  economic  history  history  tax  free  income  income  redistribution  income  distribution  fairness  unintended  consequences  complexity  unknown  unknowns  underemployed  economics  of  abundance  social  safety  net  happiness  index  GDP  Chamath  Palihapitiya  society  market  society  social  society  civic  society  civil  society  Industrial  Revolution  pluralistic  society  western  society  efficiency  marketplace  efficiencies  skill-biased  technological  change  capital  skills  practical  skill  set  practical  skills  skills  skill  education  policy  formal  education  education  perfect  storm  Indignados  Indignants  occupywallstreet  Elon  Musk  disrupting  markets  disruption  sustainability  sustainable  workless  hybrid  work  working  class  working  poor  working  squeezed  middle  class  Larry  Page  Sergey  B 
july 2014 by asterisk2a
- Startups - George Zachary of Charles River Ventures - TWiST #237 - YouTube
interesting point about deflationary pressures ... ... min 59 - re-training of workforce - for the workplaces of the future. // min 1:00:00 social divide between the havs and the havs not. // education has to marry (50/50) liberal arts and practical skill sets for the future. mandatory will have to be technology basics and programming intro.
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july 2014 by asterisk2a
Tinder highlights tech world’s frat-pack culture - FT.com
! GREAT ARTICLE by Tett ! tip of the iceberg. "money and hubris is involved." - Sheryl Sandberg's 'book for the white, privileged & entitled ivy league girls' is a drop in the ocean. Instead of having girls getting a beautician degree at college for the service industry; fighting the hard fight/competing head to head for little pie there is *http://youtu.be/p6taTMa4nls || - http://www.theguardian.com/commentisfree/2014/jul/02/tinder-sexual-harassment-silicon-valley-sexism - Tinder's sexual harassment scandal is not a surprise. It's another wake-up call How many Silicon Valley sexism stories must we endure before 'entrepreneurs' get serious about diversity? + http://www.theguardian.com/technology/2014/jun/28/silicon-valley-startup-failure-culture-success-myth + http://www.theguardian.com/technology/2014/jul/02/silicon-valley-sexism-tinder-culture-women-ageism + https://news.vice.com/article/tinder-co-founders-lawsuit-reflects-tech-industrys-rampant-sexism
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july 2014 by asterisk2a
Bill and Melinda Gates' 2014 Stanford Commencement Address - YouTube
min 17 in - about not having a better future for our kids. the thing is, the lowest hanging fruits have been eaten. now there only the hard things left to to, hard because they seem so remote from here, hard because they are worthwhile pursuing despite setbacks. renewable energy, curing diseases, sustainability in lots of quadrants - energy, food & water, environment, democracy & more or less striving for equality - social and income mobility. End: >> Luck, that could be me, empathy, leadership, ...
Public  Policy  STEM  technical  literacy  technical  illiteracy  education  Mobile  Creative  Mobile  Creatives  social  mobility  income  mobility  Career  Politicians  Politics  Year  of  Code  G20  flat  world  globalisation  globalization  competitive  advantage  competitiveness  competitive  comparative  advantage  comparative-advantage  advice  Public  Good  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  Gini  coefficient  digital  divide  digital  natives  digitalnatives  inequality  income  inequality  accountability  short-term  thinking  long-term  thinking  long-term  view  democracy  Democratic  Process  Vision  communication  language  leadership  Bill  Gates  AIDS  tuberculosis  child  poverty  food  poverty  environmental  disaster  ecological  disaster  climate  change  empathy  innovator  innovation  Bill  &  Melinda  Gates  Foundation  optimism  luck  equality  health  health 
july 2014 by asterisk2a
IAMA: Christopher Hitchens | reddit's top ten questions - YouTube
moral hero, grit and grain: book "a struggle for power." many minutes in 'working class adopting capitalism without it's cruelties.' corporations, politicians, there got to be transparency & accountability. avoiding ecological, environmental & economic disaster, exploitation, secrecy, misery @ the workplace & parasitic behaviour (leeching out the life of the host, the planet, till death). end of video; debate, debating, speech, rhetoric and flair; tip - improv. Socratic method; process of elimination, eliminating all questions a good means of ordering the mind. Christopher Hitchens 1949-2011 BBC tribute http://youtu.be/TsUSb13m5VY < Religion "ur created sick & commanded to be well," and talking about Cancer. + It is unbelievable that Religion is still a power of force and way of thinking in Political and Policy circles. // Paxman meets Hitchens - http://youtu.be/Y-s9AyNQyCw | + on ABC1 Lateline http://youtu.be/yI30VwPZm-o - see related content, other interviews during his ill health.
Christopher  Hitchens  book  capitalism  USA  Republic  revolution  history  accountability  corporatism  lobby  workplace  parasitic  behaviour  corporate  governance  corporate  culture  working  poor  knowledge  worker  White-collar  Blue-collar  skill-biased  technological  change  revolving  door  Lobbying  lobbyist  Career  Politicians  zombie  corporations  corporations  corporate  media  Politics  Public  Policy  unknown  unknowns  complexity  unintended  consequences  working  class  middle  class  squeezed  middle  class  transparency  Germany  Europe  UK  Public  Life  debate  speeches  speech  rethorik  rhetoric  improv  Socratic  method  Religion  cancer 
july 2014 by asterisk2a
BIS Slams "Market Euphoria", Finds "Puzzling Disconnect" Between Economy And Market | Zero Hedge
"... it is hard to avoid the sense of a puzzling disconnect between the markets’ buoyancy and underlying economic developments globally....  Despite the euphoria in financial markets, investment remains weak. Instead of adding to productive capacity, large firms prefer to buy back shares or engage in mergers and acquisitions.   As history reminds us, there is little appetite for taking the long-term view. Few are ready to curb financial booms that make everyone feel illusively richer.  Or to hold back on quick fixes for output slowdowns, even if such measures threaten to add fuel to unsustainable financial booms. Or to address balance sheet problems head-on during a bust when seemingly easier policies are on offer. The temptation to go for shortcuts is simply too strong, even if these shortcuts lead nowhere in the end. [...] " Never before have central banks tried to push so hard."
short-term  thinking  short-term  long-term  thinking  long-term  view  Wall  Street  WallStreet  ZIRP  hunt  for  yield  equity  bubble  asset  bubble  2014  NIRP  QE  monetary  policy  monetary  stimulus  monetary  system  liquidity  trap  BIS  unintended  consequences  unknown  unknowns  complexity  faultlines  financial  market  productivity  output  gap  fiscal  stimulus  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  infrastructure  investment  corporate  governance  public  good  public  interest  public  investment  Career  Politicians  Politics  democracy  Democratic  Process  lobby  Lobbying  lobbyist  stakeholder  shareholder  shareholder  value  Makers  policy  error  policy  folly  industrial  policy  energy  policy  fiscal  policy  education  policy  BOE  Fed  ECB  BOJ 
june 2014 by asterisk2a
BBC News - Flexible working rights extended to all
http://www.bbc.co.uk/news/business-28084265 + http://www.bbc.co.uk/news/uk-24171663 "Working 40 hours per week is fairly typical for full time employees in the UK - but an independent think tank has called for that figure to be reduced to 30 hours. The New Economics Foundation said a shorter, more flexible working week would be good for workers, the environment and the economy." - future is ~30-35hrs with productivity time slots - /// http://www.bbc.co.uk/news/magazine-23462627 Figures from the Office of National Statistics suggest we are actually working on average an hour or two less than we did in 1971 but it does not feel that way, as the internet and email mean we are never off-duty. || http://www.bbc.co.uk/news/business-26436131 - "Compressed hours" - teamTreehouse has a 4 day work week.
flexible  working  hours  productivity  output  gap  Robert  Skidelsky  book  leisure  time  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  workforce  future  of  work  happiness  index  GDP  academia  academics  status  symbol  social  status  work  life  balance 
june 2014 by asterisk2a
BBC News - Foreign languages 'shortfall' for business, CBI says
The UK's education system is failing to produce enough people with foreign-language skills to meet a growing need from business, the CBI has said. Nearly two-thirds of about 300 UK firms surveyed by the business lobby group said they preferred staff with these skills. French, German and Spanish were highly prized but Arabic and Mandarin were growing in importance, it said.
flat  world  globalisation  globalization  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  education  policy  college  university  education  competitive  advantage  competitiveness  competitive  comparative  advantage  USA  UK 
june 2014 by asterisk2a
Live chart: The low countries - YouTube
Timothy Geithner says no risk of U.S. losing it's AAA credit rating - http://youtu.be/0HDCvqgxrrE || Geithner: Japan's 'Lost Decade' Not America's Fate - http://youtu.be/fax8BIPKcP8 "the hope it's gonna heal itself, to hope you can grow yourself out of it" growing your way out of it" || +!!! Timothy Geithner Fired Robert Shiller? http://youtu.be/bIwBEYoSqKY >> economics has no humans in it !!! no real world example. Conventional wisdom so strong. "We've got too scientific." And anybody who is 'flaky' gets pushed out [Robert Schiller]. >>Wenn du dich auf andere verlaesst, bist du verlassen.<< || Robert Shiller: Speculative Asset Prices - http://youtu.be/oBXPOWytDMs "present value". google.co.uk/search?q=present+value+Robert+Schiller || + Robert Shiller: Nobel Prize Winning Economist - http://youtu.be/ABvtKGrIDUs "it can't be an exact science (forecasting) because of the complexity, mass data; uncertain, certain, and data that can't be put in numbers, storystelling -> feedback loops ...
bond  bubble  Japan  USA  UK  Europe  Germany  hunt  for  yield  lost  decade  lost  generation  deflation  deflationary  liquidity  trap  financial  repression  economic  history  Tim  Geithner  Timothy  Geithner  austerity  balance  sheet  recession  Richardkoo  Richard  Koo  creditrating  creditrisk  debt  monetization  debt  monetisation  QE  ZIRP  NIRP  monetary  transmission  mechanism  monetary  policy  monetary  stimulus  unconventional  monetary  policy  monetary  theory  Super  Cycle  debt  jubilee  GFC  deleveraging  debtoverhang  Career  Politicians  Makers  policy  folly  policy  error  toobigtofail  TBTF  systemrelevanz  Lobbying  lobbyist  lobby  fiscal  stimulus  fiscal  sovereignty  PIGS  sovereign  debt  crisis  Thomas  Piketty  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  savings  glut  faultlines  Structural  Impediments  unemployment  deficit  imbalance  GDP  economic  model  Robert  Skidelsky  Robert  Reich  Paul  Krugman  consumer  debt  public  debt  debt  restructuring  household  debt  zombie  banks  creditcrunch  creditcrisis  ECB  BOE  BOJ  Abenomics  Fed  BuBa  leadership  Democratic  Process  democracy  trust  trustagent  confidence  greatrecession  greatdepression  history  evolution  Why  Software  Is  Eating  the  Software  Is  Eating  skill-biased  techn 
june 2014 by asterisk2a
BBC News - 'No wage rises' until jobless rate falls to 5% says MPC member
Martin Weale said there may be more spare capacity in the economy than policymakers had previously estimated. +++ Bank of England 'puzzled' by productivity gap - http://www.bbc.co.uk/news/business-27857472 >> London Finance Centre Canary Wharf drove up productivity in the run up to the 2008 GFC :: UK workforce as a whole, lacking skills for the future, thus the productivity gap; Mobile Creative, Mobile Creatives, skill-biased technological change, knowledge worker, White-collar Worker, Blue-collar Worker. Year of Code is too late and a drop/tea-cup in the ocean. College needs to offer Computer Science Degrees (Technichal College), not just University. College's offers courses as "Beauty Technicians." Services Industry that does NOT scale. A locals hairdressers service can not be exported, sold and consumed in other countries. Period.
spare  capacity  output  gap  UK  productivity  recovery  2014  BOE  economic  history  unknown  unknowns  complexity  unemployment  structural  unemployment  economy  monetary  policy  fiscal  policy  austerity  Impediments  faultlines  structural  imbalance  productivity  gap  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  workforce  Year  of  Code  21stcentury  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  education  Higher  formal  education  business  education  education  bubble  un-college  College  scaling  scale  microeconomics  macroeconomic  policy  microeconomic  policy  macroeconomics  macroprudential  policy  microprudential  regulation  Public  interest  retraining  STEM  education  policy  Career  Politicians  short-term  thinking  long-term  thinking  accountability  Politics  transparency  democracy  Democratic  Process  free  press  free  speech  pluralistic  society  plurality  pluralism  freedom  of  press  debate  discourse 
june 2014 by asterisk2a
Open your company's doors and let the machines in - the economy depends on it - Telegraph
The faster the mechanisation process, the more likely we are to see productivity – the amount of output each worker generates – starting to grow again and, with it, wages. A greater use of artificial intelligence throughout the economy will benefit, not hurt, the overall workforce. There are just two, crucial, caveats: it will be vital to help individuals displaced by the new technologies to find work in new areas. Better education and training will become even more vital. We also need policies to ensure that the UK, already a leading player in high value-added industries, continues to develop in these areas; this means making sure that Britain remains an open economy, that taxes are kept low, that higher education is allowed to thrive free of the dead hand of the state, and that infrastructure, including airport links, is up to scratch.
infrastructure  investment  infrastructure  UK  Net  Neutrality  productivity  Structural  Impediments  unemployment  skill-biased  technological  change  skill  skills  capital  skills  knowledge  worker  workless  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  unemployment  long-term  unemployment  long-term  thinking  short-term  thinking  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Software  competitive  advantage  competitiveness  Competition  competitive  comparative-advantage  comparative  advantage  21stcentury  New  Economy  Public  Policy  education  formal  education  Higher  practical  skills  employability  practical  skill  set  fiscal  globalization  globalisation  Year  of  Code  programmers  programming  working  poor  squeezed  middle  class  living  wage  Career  Politicians  folly  error  Policy  Makers  faultlines 
june 2014 by asterisk2a
Bank of England’s 'slack' approach leaves economy at risk - Telegraph
There were 115,000 UK housing completions in 2013, almost a record peacetime low, compared with the 240,000 new homes needed each year just to meet the rise in household numbers hard-wired into our demography. This disgraceful shortage, and the government’s now long-past-its-sell-by-date Help-to-Buy scheme, is the reason prices are up 9.1pc across the UK over the last year and 17.1pc higher in London. And where house price inflation goes, economy-wide inflation eventually follows. While agreeing with Carney’s house-building analysis, I don’t agree the Bank can’t do more to rein in a market now in danger of spiralling out of control. [...] [A] development we’ll live to regret. +++ IMF warns UK government over housing bubble risk --- http://www.bbc.co.uk/news/business-27731567 +++ PRODUCTIVITY REMAINS WEAK. << skill-biased technological change, capital skills, skill, skills, knowledge worker, White-collar Worker, Blue-collar Worker, workforce, Mobile Creative, Mobile Creatives,
property  bubble  asset  bubble  hunt  for  yield  Help  to  Buy  Scheme  Funding  for  Lending  Scheme  Mark  Carney  BOE  macroprudential  policy  macroeconomic  policy  microeconomic  policy  monetary  policy  monetary  stimulus  fiscal  policy  GeorgeOsborne  David  Cameron  George  Osborne  2014  2015  general  election  2015  UK  unintended  consequences  unknown  unknowns  IMF  Structural  Impediments  imbalance  Supply  and  Demand  Demand  and  Supply  productivity  skill-biased  technological  change  capital  skills  skill  skills  knowledge  worker  White-collar  Blue-collar  workforce  Mobile  Creative  Mobile  Creatives  globalisation  globalization  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  World  Flat  competitive  advantage  competitive  competitiveness  comparative-advantage  comparative  advantage  Year  of  Code  practical  skill  set  practical  skills 
june 2014 by asterisk2a
BBC News - UK unemployment total falls to 2.16m, wage inflation to remain low
[threat of wage inflation spiral far off because of multiple underlying factors not allowing it measured wholly across the uk (taking the other country called london out of the picture)] - "Weak pay growth and the 'cost of living crisis' remains the Achilles heel of the economic recovery," said Chris Williamson, chief economist at Markit. "But it should not be long until we see earnings growth accelerate as the labour market continues to tighten. Pay growth should pick up in coming months, perhaps significantly." +++ http://www.telegraph.co.uk/finance/10838393/Bank-of-Englands-slack-approach-leaves-economy-at-risk.html +++ http://www.economist.com/blogs/freeexchange/2014/03/monetary-policy-0 +++ http://youtu.be/fvTdWWUkUNM?t=2m10s
output  gap  slack  in  economy  UK  recovery  greatrecession  greatdepression  2014  2015  inflation  deflation  productivity  deflationary  fiscal  policy  monetary  policy  wage  growth  earnings  growth  austerity  BOE  Mark  Carney  ZIRP  spare  capacity  academia  economic  history  New  Normal  financial  repression  underemployed  underemployment  workforce  labour  market  structural  unemployment  inflation  expectation  wage  inflation  London  wage  inflation  spiral  working  poor  squeezed  middle  class  wage  stagnation  wages  living  wage  minimum  wage  industrial  policy  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  Mobile  Creative  Mobile  Creatives  knowledge  worker  White-collar  Blue-collar  skill-biased  technological  change  capital  skills  skill  skills  practical  skills  practical  skill  set  World  Flat  globalization  globalisation  competitive  advantage  competitive  competitiveness  Competition  comparative-advantage  comparative  advantage  21stcentury  Year  of  Code 
june 2014 by asterisk2a
Learn To Code, Learn To Think : 13.7: Cosmos And Culture : NPR
policy to push to learn to write, read, understand code and systems. design thinking. problem solving. early on as soon as yound ppl are literate ~12-14. - higher productivity - + 3D printing future in 30 years ... future of 30-35hr work week - 5-6hrs a day. THE REAL NEW ECONOMY. 90's New Economy was hyped by exuberance and ... different topic. But this is the outline of the real new world, new economy. ( robert skidelsky in praise of leisure ) when the world is flat - 2050. baring any other crisis being solved ala climate change and ecological disasters. man made or ie earthquake swallowing california, canarie islands exploding creating huge tsunami, yosemite exploding, etc etc. - baring also - that we fix inequality problems, reducing the divide. fostering better democratic process, transparency and accountability - instilling trust and confidence again in public service.
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june 2014 by asterisk2a
Zinsentscheid der EZB: Draghi plant Minus vor Zinssatz - SPIEGEL ONLINE
Schon immer ließ sich das Ende eines Systems besonders schwer erkennen, wenn man Teil des Systems ist. Im Jahre sieben nach Ausbruch der Finanzkrise ist es langsam Zeit für die Frage: Was, wenn die vermeintliche Ausnahme in Wahrheit die Regel ist? Wenn es sich bei der Kombination aus niedrigen Zinsen, niedrigem Wachstum und niedriger Inflation, die weite Teile Europa seit 2008 ebenso im Griff hält wie die USA und Japan, um die neue Normalität handelt? Wenn das seit Jahrzehnten praktizierte westliche Wirtschaftsmodell, sich immer niedrigere Wachstumsraten mit immer höheren Staatsschulden zu erkaufen, an seinem Schlusspunkt angelangt ist? +++ http://bit.ly/SxhnZq "Nicht Europa ist am Ende - sondern der Kapitalismus, so wie wir ihn kennen. [...] Im angelsächsischen Finanzkapitalismus wachsen die Vermögen der Reichen und stagnieren die Einkommen der anderen." [...] [EU Election Result is a vote] gegen das ungerechte Wirtschaftssystem, das ihre Lebensgrundlage gefährdet.
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june 2014 by asterisk2a
Thomas Piketty's 'Capital' in 3 minutes - Newsnight - YouTube
who owns the economies assets, the ~1% individuals and international conglomerate corporations, - when return on these assets /y is greater than economic growth - inequality rises. it is all that happend even during the recovery after the GFC - 1% got richer, conglomerates and corporations got richer/sat on their cashpiles. while ie in USA Food Stamp handouts rose month over month _+++ http://www.democracyjournal.org/32/the-inequality-puzzle.php?page=all ""Piketty’s treatment of inequality is perfectly matched to its moment. [...] the share of income and wealth going to those at the very top—the top 1 percent, .1 percent, and .01 percent of the population—has risen sharply over the last generation, marking a return to a pattern that prevailed before World War I. There can now be no doubt that the phenomenon of inequality is not dominantly about the inadequacy of the skills of lagging workers."" --- +++ http://en.wikipedia.org/wiki/Gilded_Age
Thomas  Piketty  1%  Super  Rich  economic  history  microeconomics  macroeconomics  social  mobility  income  mobility  gilded  age  book  disposable  income  income  inequality  income  growth  income  redistribution  income  distribution  Gini  coefficient  middle  class  working  class  working  poor  squeezed  middle  class  tax  code  tax  credit  tax  evasion  tax  avoidance  history  capital  Venture  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  fiscal  policy  monetary  policy  Makers  Career  Politicians  Politics  academia  academic  academics 
may 2014 by asterisk2a
dctp.tv | Das webTV der dctp
Kohl made the decision for the catastrophic exchange rate and the uncreative implementation of East Germany's bankrupt and uncompetitive economy - politically (elections) and from lobby of West German Industries. ... Plus there were plans by others (Mitterand) to not integrate GDR into DDR, but into Europe and transform in into that process. But the fall of the iron curtain would have been still uncertain. .... Post-Reunification 1990 - investments were politically motivated. West Germany didn't needed, economically, East Germany. Fall of Iron Curtain - globalisation really took hold, became unstoppable; India, China, Russia, Latin America opened up its markets and joined the established western (capitalistic markets) wholly. !!! Every German company and every German employee stands to compete with the whole world. Period. And vice versa. >> Thus subsidies and favouritism and golden handshakes etc etc. The world is flat. Period. Differences are not that stark in G20 anymore.
East  Germany  GDR  Roland  Berger  economic  history  history  Iron  Curtain  policy  error  policy  folly  helmutkohl  Helmut  Kohl  German  reunification  Deutsche  Wiedervereinigung  Makers  productivity  globalisation  globalization  capitalism  competitive  advantage  competitiveness  comparative  advantage  comparative-advantage  subsidies  subsidizing  industrial  policy  SME  SMB  Germany  Wohlstand  Career  Politicians  China  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  capital  skills  skills  skill  technological  progress  Future  Europe  UK  USA  BRIC  MINT 
may 2014 by asterisk2a
Election results 2014: Ukip blames London election performance on difficulty appealing to the 'educated and cultured' - UK Politics - UK - The Independent
Election results prove Ukip can damage Labour as well as Tories Both parties need to rethink their campaign strategies if they are to beat back the Farage fox in the Westminster henhouse http://www.theguardian.com/politics/2014/may/23/election-results-prove-ukip-damage-labour-tories-farage || + Ed Miliband NEED TO RAISE HIS GAME! >> What do the council results mean for the 2015 general election? It is not easy to extrapolate from local election results, but these ones could suggest Labour falling just short of a working majority http://www.theguardian.com/politics/2014/may/23/what-council-results-mean-2015-general-election ||| + London is Ukip's worst nightmare The local election results highlight how out-of-step London attitudes pose a serious dilemma for Labour and Tories ""LONDON is metropolitan elite concerned chiefly with itself."" - http://www.theguardian.com/commentisfree/2014/may/23/london-ukip-nightmare-labout-tories-local-elections-farage || +++ http://bbc.in/1qZCqn1
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may 2014 by asterisk2a
Report: San Francisco has worse income inequality than Rwanda | PandoDaily
It’s not difficult to see evidence of income disparity in San Francisco. The headquarters of Twitter, now valued at around $20 billion, looms massively over a neighborhood plagued by homelessness, drug addiction, and prostitution. Median rents continue to hit record highs, and despite the wealth that continues to pour into San Francisco thanks to the tech boom, the number of homeless individuals has remained more-or-less the same since 2005. The gap between rich and poor is widening across the country, but according to a new study, San Francisco income inequality was found to be not only above the US national average – it was even slightly worse than that of Rwanda, which is among the most unequal countries in the world. +++ See http://modelviewculture.com/pieces/not-a-tech-bro-but-not-a-tech-lady "Gender (+ Race) + Class" paragraph.
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may 2014 by asterisk2a
Susan Crawford on Why U.S. Internet Access is Slow, Costly, and Unfair - YouTube
Is Net Neutrality Dead? - youtube.com/watch?v=h3bIDRM8l2A ""pressure from ISP and Cable Provider lobby in Washington not to call them a utility"" - http://www.huffingtonpost.com/2013/02/13/susan-crawford-internet_n_2670127.html - https://www.youtube.com/user/MoyersandCompany/search?query=Crawford +++ Bill Moyers Essay: As the SEC Door Revolves - v=pqA4RGI5i8A
Susan  Crawford  USA  Europe  Net  Neutrality  ISP  Cable  Provider  oligopoly  revolving  door  lobby  Lobbying  lobbyist  fiduciary  responsibility  public  utility  public  good  WallStreet  presidency  barackobama  book  infrastructure  investment  infrastructure  digital  divide  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  productivity  social  mobility  income  mobility  Gini  coefficient  inequality  Tom  Wheeler  democracy  barriers  to  entry  trust  trustagent  antitrust  Career  Politicians  transparency  accountability  governance  Don't  be  evil  corporate  governance  choice  marketplace  efficiencies  marketplace  marketplace  inefficiencies  innovation  market  plurality  marketplace  plurality  pluralistic  society  pluralism  plurality  utilities  internet  tiering  internet  metering  Access  oversight  short-term  thinking  FCC  public  policy  leadership  Vision  national  interest  public  interest  Principle  regulators  self-regulation  regulation  deregulation  discrimination  Google  Fiber  greed  crony  capitalism  corporatism  capitalism  Comcast  AT&T  Verizon  TimeWarner 
may 2014 by asterisk2a
BBC News - When will the UK pay its way in the world?
In absolute terms it has been impossible for UK debts to fall. >> Now what was a little worrying was that the deficit on the current account reached 5.6% of GDP, or economic output, in the third quarter of 2013 and fell to just a little bit lower, 5.4%, in the fourth quarter. That 5.6% was - ahem - something of a milestone: it was the biggest quarterly deficit since records began in 1955. And it explains why the record aggregate indebtedness of the UK has been falling so slowly, and is still not much below 500% of GDP on the Mckinsey measure (though see my previous blog). [...] UK's - limp trading performance - for YEARS! ... COMPETING against BRICs, Europe, G8, ... now and in the future competing with MINT countries too ( http://en.wikipedia.org/wiki/MINT_countries ). [...] "We have not got forever to reconstruct our economy and become a bit more like the European export emperor, Germany."
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may 2014 by asterisk2a
Pfizer and AstraZeneca: Deal or no deal | The Economist
IT'S ALL A MATTER OF DEGREE. Degree of vitality, dynamism, plurality & competition further reduced within the pharmaceutical industry in case of a M&A deal. + http://www2.deloitte.com/global/en/pages/mergers-and-acquisitions/articles/growth-through-merger-and-acquisitions.html "M&A deals intended specifically 2 enable growth fail 2 achieve their expressed growth objective." + http://www.entrepreneur.com/article/52090 /// vs. Internal Growth through start-up/entrepreneurial culture within. --->> once you are a public company, your options to facilitate growth are hugely curtailed do to the short-term thinking of money, crony capitalism >> Wall Street. /// http://en.wikipedia.org/wiki/AstraZeneca#Pfizer_takeover_bid + http://www.bbc.co.uk/news/business-27391124 + http://www.bbc.co.uk/news/business-27309851 | BRITISH INTEREST IS & SHOULD BE MARKET PLURALITY. From May 7th. http://bit.ly/QNgGtz - 7 days later http://bit.ly/1k5sGCg | this case; fiduciary responsibility = short-term thinking
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may 2014 by asterisk2a
Paxman interviews economist Thomas Piketty - Newsnight - YouTube
IT IS ALL A MATTER OF DEGREE. thus you have to marry liberalism & conservatism, throw the junk out. u get liberal-conservatism. The rise of the working poor & squeezed middle class had not been good 4 economic growth & vitality. || +Thomas Piketty on Wealth, Income and Inequality >> watch?v=zytqTSh3oGw || + http://www.huffingtonpost.com/2014/05/01/thomas-piketty-cold-war_n_5247373.html || + http://www.npr.org/2014/05/11/310784652/on-income-inequality-a-french-economist-vs-an-american-capitalist << Edward Conard WRONG! || +++ What the 1% Don't Want You to Know with Paul Krugman - watch?v=QzQYA9Qjsi0 "All men are created equal" NO MORE. 'commanding heights' >> https://www.youtube.com/results?search_query=commanding+heights+documentary + market income inequality vs disposable income inequality http://bit.ly/1ollCVp ... "We live in such an ugliness in America." || Wealth Concentration is a agglomeration of Politica & Public Policy Power. || + Robert Reich >> v=q-rpkZe2OEo || v=heOVJM2JZxI
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may 2014 by asterisk2a
oftwominds-Charles Hugh Smith: The Changing Nature of Middle Class Work
The economy is changing in structural ways that affect not just the job market but the nature of work itself. If we ask, what is work?, the conventional answer is tasks that somebody will pay us to do. This is true, but it doesn't address why someone is willing to pay us. The answer is to create value. ... [ Skills, not Expertise. ] ...... As technology's ability to replace costly human labor moves from the factory floor to the service sector, the nature of middle class work is changing. [ IBM's company wide Pivot over +10 years from HW to Services and Software Company. With the accompanying downsizing. ] ... Jobs that can be learned in a few hours are prone to being replaced by machines. [...] The protected sectors beset by soaring costs (healthcare, higher education, major weaponry programs, finance, etc.) will undergo the creative destruction of technology-based productivity gains for the reason that they are already unaffordable, not just to households but to the nation.
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may 2014 by asterisk2a
Sweden: The New Laboratory for a Six-Hour Work Day - Uri Friedman - The Atlantic
0.) 4 day work week @ teamtreehouse / carsonified || 1.) lesson have time limits for projects, incremental goals to be achieved by X days. >> | | The bottom line is that productivity -- driven by technology and well-functioning markets -- drives wealth far more than hours worked. And very few jobs in developed economies nowadays are classic assembly-line positions, where working 20 percent longer will mechanically produce 20 percent more widgets. Psychology plays a role here too: At least 40 years of studies suggest that people work harder if you limit their time to complete a certain task. In some cases, working too hard can actually reduce output. Long working hours are also associated with ill health, which means lost labor in the long term, as well as higher medical costs for employers and government. + http://www.spiegel.de/karriere/ausland/schweden-goeteborg-will-sechs-stunden-arbeitstag-einfuehren-a-964791.html
productivity  work  life  balance  Robert  Skidelsky  economics  microeconomic  policy  microeconomics  labour  market  job  market  skill-biased  technological  change  knowledge  worker  knowledge  economy  White-collar  Blue-collar  project  management  HR  human  resources  people  management  6-hour  work  day  4-day  work  week 
april 2014 by asterisk2a
Why Americans Are Moving Less: New Jobs Aren't Worth It - Richard Florida - The Atlantic Cities
[symptom of the working poor and squeezed middle class and wage stagnation || http://youtu.be/_k9q8rBfRVY + http://youtu.be/akVL7QY0S8A + http://youtu.be/nIimu0LF4JA + http://youtu.be/BOMoC0_m5pQ // Americans are moving less—and not as far—because it's not nearly as worthwhile economically. Most moves are local, from neighborhood to neighborhood in the same city or county, and are largely driven by seeking better housing or more proximity to family and friends. But long-distance moves between states are different. These interstate moves are typically driven by those seeking better job opportunities. Since the 1980s, neither the job opportunities nor the potential for better wages have made such moves worth it, according to the study. It finds that by 2013 the rate of interstate relocations had fallen 51 percent below its 1948 to 1971 average levels, the peak years for such longer-distance moves.
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april 2014 by asterisk2a

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