Huge amounts of money are feverishly pursuing the AI industry, including data centers and still uncertain future developments — sure looks like a bubble!
Tag Archives: economic growth
Labor Productivity
People oversimplify the idea of productivity, and the basic concept is pretty simple (Productivity = Output/Input). But the modern world economy, due to technology, social forces, etc. makes the definition of “productivity” a bit more interesting …
2023 Election Results: Winners, Losers, and Looking Ahead
More than one week after 2023 election day has passed — it’s now past the news cycle expiration date, but still worth contemplating trends for 2024.
Time to Rethink GDP
Is there really a trade-off between efficiency and efficacy in economic measurement? Time to try measuring happiness scientifically?
External Support Found!
Just read this from Emily Stewart at Vox this morning … looks like somebody has read June post, “The Growth Game”! Check it out here (always good to see supporting evidence).
The Growth Game
Since the Club of Rome’s 1972 report Limits to Growth we have seen both decline and resurgence of its conclusions — what comes next in macroeconomic analysis?
Please Help Me, I Don’t Understand Macroeconomics
Macroeconomics deals with the “big” issues of economic policy, but isn’t it all just built on a house of cards? Too abstract to have real meaning?
Link from Fast Company
Read, and absorb message. Some facts a little questionable, but thrust remains on target. The future belongs to the left!
Link from Bloomberg
Old piece from Bloomberg, but needs to be recycled — if I’ve said it once, I can say it again: it’s all about demand — increase demand, you get economic growth!
Warp and Woof 