Following are clippings from articles written about the state of higher education in the US Continue reading A collection of clippings on #HigherEd, jobs and policy | Blog#42
Tag Archives: #Macroeconomics
Parallels Americans should draw from Greece | Economics on Blog#42
Paul Krugman’s post in reaction to the Greek referendum Continue reading Parallels Americans should draw from Greece | Economics on Blog#42
UPDATED: #JustusHowell, 17, shot in the back in Zion, Illinois | #BlackLivesMatter
Black Illinois Teen Killed By Police Was Shot In Back | Reuters | April 6, 2015
A black teenager killed by police outside of Chicago over the weekend was shot twice in the back after attempting to steal an illegal handgun, officials and local media said on Monday. Continue reading UPDATED: #JustusHowell, 17, shot in the back in Zion, Illinois | #BlackLivesMatter
Dem Politics: Post-mortem is the new rehab
Former Governor Howard Dean was on Meet The Press today. With the exception of the very last sentence in this clip, I am in full agreement with everything he said.
Tuesday’s defeat was bound to be the catalyst for the kinds of events that happen after, well, all defeats. The victor gloats. Usually, the defeated retreat for a bit to reflect on their loss and how to move on. Continue reading Dem Politics: Post-mortem is the new rehab
Where’s the Automation in the Productivity Accounts? | Jared Bernstein (@EconJared)|
Yesterday’s productivity report for 2014q1 was predictably negative—we already knew that real GDP fell in the quarter while employment grew apace—but I don’t read much into the noisy quarterly changes.
But then there’s this: year-over-year, productivity growth was up 1% last year and has averaged 0.8% since 2011. The figure below plots the yearly changes, which are themselves pretty noisy. What’s more instructive is the smooth trend through the numbers.
The trend suggests that the pace of productivity growth has decelerated since the first half of the 2000s and this begs an important question. There’s considerable speculation that the pace at which machines are displacing workers has accelerated. I keep hearing about “the end of work” based on the assumption that the pace of labor-saving technology—robots, AI—has accelerated.