Dan Crawford notes Paul Krugman’s change of heart on the increasing importance of automated systems, in particular robotics: In the past discussions at Angry Bear on the impacts automation might have on our lives, and the economics involved, gathered comments such as “You are a neo luddite”. As if widespread use of automated systems was […]
by Tom aka Rusty Rustbelt Security 101 This week I visited my grandsons’ elementary school four times, three times through the front door and once through a side door. I immediately had the run of the entire building if I so desired. The only line of defense was the receptionist, who gave me a wave because […]
Worth reading the whole article. Robert Eisner, Budget deficits and rhetoric, Journal of Economic Perspectives, Spring 1989 (Hat tip reader juan)
From the BLS: The 30 occupations with the largest projected employment growth, 2010-20of the top ten, only teachers and nurses require a degree…and four don’t even require a high school diploma for entry…(hat tip reader rjs)
Update: oooops. Slow computer the problem, and the manager probably meant the APPs. My bad…sorry Starbucks. While I don’t go to Starbuck’s, Ms, Rdan does on the way to work, and was told her card had $0 balance this morning. She had credited $40.00 last week… it is hard to get a $0 balance right […]
by Dale CoberlySOCIAL SECURITY and Uncle Sam moving parts edition Most of us have heard the “phony iou” claim about the Social Security Trust Fund, with its accompanying cartoon of a hapless Uncle Sam furiously borrowing from his left pocket to fill up his right pocket, and stuffing “worthless iou’s” into the left pocket to […]
by Tom aka Rusty Rustbelt Health Care Thoughts: CPA Retirement Funding Act So I spent a part of the weekend reading summaries of the new IRS regs on the Obamacare 3.8% net investment income tax. Holy complications Batman! These rules are so complex and convoluted CPAs will spend their spare time reading yacht catalogs. Sure, […]
by Mike Kimel Many types of tech – not just robots – have been affecting and are going to affect the service sector. When someone develops an inexpensive sign you can stick on top of television sets, racks of clothes, or appliances that will change itself whenever someone in the headquarters decides to change the price of the product, […]
In the past discussions at Angry Bear on the impacts automation might have on our lives, and the economics involved, gathered comments such as “You are a neo luddite”. As if widespread use of automated systems was automatically good for us overall because we would have access to ‘more higher wage and higher skilled […]
The case is Federal Trade Commission v. Watson Pharmaceuticals et al, No. 12-416. Via the New York Times comes this note: Last year, for the third time since 2003, the 11th Circuit upheld the agreements as long as the allegedly anticompetitive behavior that results — in this case, keeping the generic drug off the market […]