Tag Archives: productivity

Keystone Pipeline, Jobs, and Confusion

Perhaps “haste makes waste” explains the jumble of contradictory statements coming from President Trump with regard to the Keystone XL and Dakota Access Pipeline projects. Or maybe not?? Trump gives green light to Dakota Access Keystone XL oil pipelines. Trump’s … Continue reading

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President Trump and manufacturing jobs

President Trump intends to bring back manufacturing jobs. How might he do that and what would it mean for our economy and our workers? Keeping in mind that our manufacturing output has steadily increased over the years and is now … Continue reading

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Econ 101 – Jobs and Income Growth

At long last the economy has more or less reached full employment. The December 2016 unemployment rate was 4.7 percent while the Federal Reserve’s assessment of normal full employment (NAIRU—non-accelerating inflation rate of unemployment) is 4.8 percent. More over, wage … Continue reading

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The challenges of change: Globalization, Immigration, and Technology

“Future shock is the shattering stress and disorientation that we induce in individuals by subjecting them to too much change in too short a time.”  Alvin Toffler 1970 Some people welcome change as a challenge and embrace the adventures it … Continue reading

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Work-Leisure Choice and growth

A recent dinner companion inquired whether an economy that was not growing was necessarily a problem. What she had in mind was whether people choosing more leisure to enjoy their incomes rather than continuing to work the same or longer … Continue reading

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Greece, Debt, and Parenting

If you are a parent, you may have experienced something like the following: Son number 1 and his children live in a much nicer home than you did at his age. It is the biggest house he could qualify to … Continue reading

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