Jobs-altering technology

One of the new economic realities, that can’t be altered by politics or public policy, is that smarter and smarter machines are going to accelerate creative destruction of jobs, occupations and even industries. The job, occupation and even the industry…

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Not your father’s middle class

The Upshot section of the New Year Times published a terrific infographic and article on today's middle class jobs compared to those in 1980. Those that pay between $40,000 and $80,000. Both are highly recommended, especially the infographic. The bottom…

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Louisiana as an education model?

Ever since hurricane Katrina the press, policy makers and other opinion leaders have pointed to Louisiana as a place to look for reforming public education. Primarily because in New Orleans they did away with teachers unions and largely went to…

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Not picking industries

I am a skeptic when it comes to government –– national, state and local –– picking industries –– either old ones to save or new ones to stimulate –– as an effective economic growth strategy. Although it is true most…

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Productivity up, not wages II

The evidence keeps growing that economic growth is increasingly going to capital not labor. And that unless that changes most Americans are facing a declining standard of living. David Brooks is right when he writes in a column: "For example,…

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