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Sunday, August 21, 2011 Are we replacing robots with Chinese people? OK, REALLY, dissertation committee, this is my last blog post for a while. PROMISE. But this Tyler Cowen article was too good to pass up. I just had to blog it. The article is about new data that show that productivity growth has stagnated since 2009. There's lots of good stuff in the artic
Mandel on Innovation and Growth A Negative Sign for Investment and Job Growth August 31, 2011 by Michael Mandel 15 Comments There’s a good rule of thumb–you get what you reward. Here’s a summary of current U.S. policy towards big corporations: Invest in the U.S., create jobs, and get sued by the government. You would think that during a business investment d
Normal Deviate Thoughts on Statistics and Machine Learning Skip to content About « Older posts THE END December 16, 2013 – 7:10 pm In addition to being the best comedy TV show ever, Seinfeld was a great source of wisdom. In one episode, Jerry counsels George: “When you hit that high note, you say goodnight and walk off.” Later, George has a good line at a me
Skip to content I’m spending a lot of time on Mandel. Here is another one I disagree with. In other words, if we suddenly get access to a bunch of cheap Chinese labor, we don’t bother to invent robots. Then tomorrow, when the cheap Chinese labor runs out, we find ourselves without any robots. The point is that necessity is the mother of invention and Chinese
Skip to content By Simon Johnson We have waited long and patiently for our Ferdinand Pecora moment – a modern equivalent of the episode when a tough prosecutor from New York seized the imagination of the country in the early 1930s and, over a series of congressional hearings: laid bare the wrong-doings of Wall Street in simple and vivid terms that everyone c
Mandel on Innovation and Growth Noahpinion on China and robots August 22, 2011 by Michael Mandel 8 Comments Noahpinion gets what I’ve been trying to say, and says it better than I do in his post, “Are we replacing robots with Chinese people?” Here’s a meaty extract : I’ve been critical in the past of Mike Mandel’s thesis. After all, productivity gains from o
About the site LA Observed is a website devoted to independent reporting, informed commentary and selective linkage on Los Angeles news, media, politics, business, books and other topics. The site went live in May 2003 and is read daily by an influential audience that includes journalists, executives, community leaders, politicians, authors, bloggers and oth
CARPE DIEM Professor Mark J. Perry's Blog for Economics and Finance Tuesday, September 08, 2009 Amazing Video of High-Speed Robot Hand Watch as the robot hand dribbles a ping-pong ball, spins a pen at high speed, throws a ball, ties knots in a string, grasps a small grain of rice with a pair of tweezers, and then tosses and catches a cellphone! Thanks to Bob
skip to main | skip to sidebar Thoughts About K4D Once about Knowledge and knowledge systems, especially knowledge applied to economic development, but since I retired branching into politics, music and whatever catches my attention. Friday, November 25, 2016 John A. Daly (1937-2016) My name is John P. Daly; John Anthony Daly, the author of this blog, was my
Mandel on Innovation and Growth Noahpinion on China and robots August 22, 2011 by Michael Mandel 8 Comments Noahpinion gets what I’ve been trying to say, and says it better than I do in his post, “Are we replacing robots with Chinese people?” Here’s a meaty extract : I’ve been critical in the past of Mike Mandel’s thesis. After all, productivity gains from o
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