asterisk2a + knowledge + change + skill   22

Steve Keen on Education - YouTube
economy future relies on innovation. and if you check and monitor to death a system, and add bureaucracy on top of it, and low wages, and being under staffed and being over worked. and crowded, noisy class rooms (unable to spot talent and unable to sponsor). you can't have a prosperous future economy/generation with high social mobility. higher incomes. new industries. // oh and theyve cut research to nothing // oh and the creative digital industry is complaining, and added value industry is complaining about lack of qualified/skilled young workforce. // // UK will lose rest of its heavy industry because of energy prices it can't compete on world wide because it hasn't invested in the Smart Grid, energy storage systems, infrastructure, and renewable energy! Period. Budget2015 they cut all of renewable investment schemes and even had the audacity to put a carbon tax levy on it!
UK  education  policy  social  mobility  income  mobility  Gini  coefficient  STEM  University  College  vocational  education  apprenticeships  austerity  Tories  Conservative  Party  Toff  Establishment  Privileged  Research  knowledge  economy  knowledge  worker  skill-biased  technological  change  skills  gap  capital  skills  practical  skills  practical  skill  set  softskills  Fachkräftemangel  Millennials  generationy  entrepreneurship  entrepreneurial  social  entrepreneurship  capitalism  creative  destruction  disruption  Software  Is  Eating  The  World  Robotics  3D  printing  automotive  automation  self-driving  cars  autonomous  car  globalization  globalisation  borderless  flat  competitive  competition  competitive  advantage  competitiveness  public  investment  business  investment  underinvestment  productive  investment  infrastructure  investment  long-term  view  short-term  view  Career  Politicians  No  Representation  social  contract  Generationengerechtigkeit  fairness  secular  stagnation 
august 2015 by asterisk2a
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
BBC News - Why firms don't want you to be brilliant at your job
The last reason is the one that troubles me most. It may not be true that the partners are miles dimmer than the graduates. It is just that the two can't talk to each other, and so are blind to each other's strengths. It was always the case that the old and the young sometimes struggled to understand each other at work, but now it is more true than ever. [...] The graduate trainees joining this year will be among the first to have grown up on the internet, which means they communicate differently, think differently, acquire knowledge differently and do different things with it. They look at the partners and see slowness - the partners look at them and feel sad about their limited vocabulary, and wonder if they have ever read a book.
work  environment  people  management  team  management  management  Personal  HR  human  resources  Millennials  generational  change  babyboomers  generationy  beyond  workplace  drama  workplace  Future  of  knowledge  worker  Mobile  Creative  Mobile  Creatives  practical  skills  practical  skill  set  workforce 
october 2014 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.
deflation  deflationary  technological  history  technological  progress  skill-biased  technological  change  ZIRP  NIRP  hunt  for  yield  asset  bubble  volatility  Fed  BOE  ECB  BOJ  QE  flat  world  globalisation  globalization  competitive  advantage  offshoring  outsourcing  comparative  advantage  comparative-advantage  competitiveness  education  policy  Debt  Super  Cycle  CAPEX  competitive  knowledge  worker  White-collar  Blue-collar  Year  of  Code  war  for  talent  San  Francisco  Silicon  Valley  Mobile  Creative  Mobile  Creatives  Venture  Capital  VC  workplace  workforce  Charles  River  Ventures  urbanisation  urban  planning  Los  Angeles  Start-Up  Scene  New  York  Start-Up  Scene  Palo  Alto  Public  Career  Politicians  Politics  transparency  communication  language  Vision  accountability  Berlin  Start-Up  Scene  Europe  Start-Up  Scene  Start-Up  lesson  Start-Up  advice  Lean  Start-Up  immigration  emigration  long-term  thinking  long-term  view  society  social  mobility  income  mobility  leadership  education  MOOC  practical  skills  practical  skill  set 
july 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.
Year  of  Code  coding  programming  programmers  ethical  machine  systems  design  system  design  skill  skill-biased  technological  change  capital  skills  skills  knowledge  worker  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  destruction  globalisation  globalization  comparative  advantage  comparative-advantage  competitive  advantage  competitive  competitiveness  Competition  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  education  Higher  formal  education  business  education  education  bubble  Public  Policy  Policy  Makers  error  folly  industrial  fiscal  macroprudential  Career  Politicians  long-term  thinking  21stcentury  productivity  macroeconomic  macroeconomics  microeconomic  microeconomics  3D  printing  Future  optimism  Robert  Skidelsky  academia  economic  history  capitalism  workforce  book  economist  New  Economy  global  digital  digital  natives  digital  divide  Age  knowledge  Commanding  Heights  Politics 
june 2014 by asterisk2a
Income Inequality: The Fundamental Reason It Is Growing | Seeking Alpha
Summary Income inequality is growing in the US and other countries. Many explanations are being offered, including what Piketty suggested in his new book. But most miss the main reason - new information technologies are eliminating large segments of middle class jobs.
Thomas  Piketty  income  inequality  inequality  Gini  coefficient  knowledge  worker  Mobile  Creative  Mobile  Creatives  income  mobility  social  mobility  disposable  income  digital  divide  competitiveness  competitive  competitive  advantage  comparative  advantage  comparative-advantage  globalisation  globalization  skill-biased  technological  change  capital  skills  skill  skills  digital  natives  digital  economy  Software  Eats  The  World  Why  Software  Is  Eating  World  Higher  Education  formal  bubble  business  Future  economic  history  working  poor  squeezed  middle  class  tax  credit  tax  free  income  Grundeinkommen 
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
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.
NYC  Manhatten  San  Francisco  Los  Angeles  Silicon  Valley  Gini  coefficient  income  inequality  tax  code  tax  avoidance  social  safety  net  California  Career  Politicians  corporate  culture  corporate  governance  public  policy  social  society  income  mobility  social  mobility  working  poor  standard  of  living  cost  of  living  livingspaces  living  wage  living  standard  living  environment  city  living  income  distribution  income  redistribution  corporatism  philanthropy  squeezed  middle  class  Sector  Workers  economic  history  short-term  thinking  long-term  thinking  quality  of  life  inequality  equality  Super  Rich  democracy  society  sustainability  sustainable  urbanisation  urban  planning  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  capital  skills  skills  skill 
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."
UK  Debt  Super  Cycle  zombie  corporations  zombie  banks  zombie  consumer  sovereign  crisis  private  consumer  bubble  jubilee  monetization  household  public  debtoverhang  monetisation  restructuring  austerity  current  account  deficit  economic  history  2014  fiscal  policy  monetary  policy  Mark  Carney  davidcameron  GeorgeOsborne  public  policy  financial  repression  New  Normal  QE  ZIRP  NIRP  hunt  for  yield  deflationary  productivity  output  gap  competitiveness  knowledge  worker  skill-biased  technological  change  skill  capital  skills  London  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  value  creation  Industrial  globalisation  globalization  competitive  advantage  comparative  advantage  21stcentury  BRIC  MINT  Europe  free  trade  Germany  exports  export 
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
market  plurality  Pfizer  AstraZeneca  UK  big  pharma  pharmaceutical  industry  pharma  oligopol  oligopoly  crony  capitalism  corporate  governance  WallStreet  growth  though  acquisition  M&A  mergers  merger  growth  through  merger  Career  Politicians  business  management  short-term  thinking  long-term  thinking  public  policy  antitrust  Competition  collusion  research  medical  research  public  health  policy  trust  trustagent  confidence  Science  R&D  European  Competition  Commission  Europe  regulators  regulation  governance  transparency  accountability  davidcameron  general  election  2015  GeorgeOsborne  Lobbying  lobbyist  lobby  interest  groups  national  interest  job  market  productivity  skill-biased  technological  change  skill  skills  capital  skills  knowledge  worker  White-collar  Blue-collar  Mobile  Creative  Mobile  Creatives  fiduciary  responsibility  greed  stakeholder  shareholder  unknown  unknowns  unintended  consequences  complexity  human  progress  technological  progress  humanity  post-antibiotic  era  external  threats  externalaties  externality 
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

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