asterisk2a + 21stcentury + skill-biased   6

What is the 'gig' economy? | FT Comment - YouTube
human capital, HR - as cost center. // trading short-term competitiveness (kick ppl of the book according to demand) but trade it in aggregate with long-term social deprivation and skill gaps and underinvestment. because of dog eat dog mentality than you are incentivised to compete on price, because it is the easiest and you are able to to it with those neoliberal labour reforms in Europe. Don't compete with Amazon on price. Don't compete with China/Asia on price. Stupid.
Gig  Economy  1099  Economy  Zero  Hour  Contract  freelancing  freelance  part-time  Contractor  working  poor  precarious  work  uncertainty  squeezed  middle  class  Sozialer  Abstieg  neoliberalism  neoliberal  21stcentury  job  creation  job  market  labour  economics  labour  market  manual  labour  Service  Sector  Jobs  on-demand  convenience  western  world  Zeitarbeit  Leiharbeit  Europe  UK  USA  Germany  capitalism  human  capital  conglomerate  social  safety  net  Universal  Basic  Income  self-employment  tax  credit  poverty  trap  poverty  in  old  age  savings  rate  Policy  Makers  lobbyist  lobby  Lobbying  folly  error  short-term  thinking  short-term  view  meritocracy  meritocratic  Alain  de  Botton  work  environment  philosophy  chronic  stress  Precariat  Future  of  Mobile  Creatives  Mobile  Creative  profit  maximisation  shareholder  value  Workers  Union  Wall  Street  budget  deficit  OECD  IMF  lost  generation  lost  decade  professional  education  vocational  education  education  unintended  consequences  skills  gap  skill-biased  technological  change  Software  Is  Eating  The  Niedriglohnsektor  microeconomic  macroeconomic  deprivation  Perspective  hopelessness  voter  turnout  Career 
august 2015 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
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
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

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