Technology and the Economy of the Future 8 pptx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_1 potx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_1 potx

... Smoothing the Business Cycle and Reducing Economic Risk 179 The Market Economy of the Future 180 An International View 183 Transitioning to the New Model 185 Keynesian Grandchildren 189 Transition ... Amazon Copyright©2009byMartinR.Ford  AllRightsReserved, including the right of reproduction inwholeorinpartinanyform.  Publishedin the UnitedStat...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_2 ppt

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_2 ppt

... are growingdark.Nowweseethatmany of the verybrightest lightsin the tunnelfinallyfeel the impact and alsobeginto losetheirlight. The owners of the businessesin the tunnel areseeingmuch of theirwealthgraduallydrainaway. The ... mayhaveactuallyin- creasedforatime,astheywereabletolowertheirprices. Asaresult,theirprofits, and therefore the wealth of th...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_3 pot

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_3 pot

... more popular.Whatwillwedoifsomedayasubstantialpercen- tage of the three and ahalfmillioncashiersin the U.S.no longerhavejobs?Whatadditionaleducation and training canweoffertheseworkers? And whatjobswoulditpre- parethemfor? And what is the impact of thatpotential unemploy- mentonmarketdemandforgoods and services?Cashiers aregenerallynothighly...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_4 pptx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_4 pptx

... food—all of these and countless thousands of otherstructures and chemicalsthatcomprise ourbodies and make usfunctionareproteins. And they areallconstructedthroughnanotechnology. Itislikelythat the coming“nanotech”revolutionwill begin ... collating and faxing in- formation. The intellectualportion of the job—eitherap- provingordenying the loan—isprobably...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_5 potx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_5 potx

... access to capital, small plots withpoor economy of scale,trade barriers, and oftenoutrightexploitationat the hands of governments and corrupt officials. Manufacturing in China is ... Amazon Inthisbook,wewon’tagainstrayintothismorespe- culativearena(exceptin the lastsections of the Appendix). The ideaspresentedinthisbookdonotdependon the oc- curre...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_6 pdf

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_6 pdf

... to decline.Rememberthatwearetalkinghereaboutaverage workers.Toget the graphabove,youmighttake the dis- tribution of incomesin the UnitedStates and thenelimi- nateboth the richest and the poorestpeople.Thengraph the averageincome of the remaining“typical”people (the bulk of consumers) ... to lookinalittlemoredepthatsome of the mostwidelyheld conventi...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_8 docx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_8 docx

... elimi- nates the jobsthatprovideincometoconsumers. The es- sentialideaisthatweshouldimposesomecombination of aconsumptiontax and/ oraspecialdirecttaxonbusiness thatcaptures the incomewhich,inanon-automatedecon- omy,wouldbepaidoutinwages.Overtime,as the wages paidtoaverageworkersdecrease(asapercentage of reve- nue),thesetaxeswouldbegraduallyi...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_9 potx

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_9 potx

... have strongeducations and training.Thesepeoplearebeneficia- ries of the informationage.On the toxicwastelandside of the fence, are relatively unskilled workers. These people THE LIGHTS IN THE ... dramatically negative.In the UnitedStates,twothirds of workers and thereforeconsumers—donothaveacollegedegree.While effortstoimproveeducation and trainingarel...

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The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_10 pdf

The Lights in the Tunnel Automation Accelerating Technology and the Economy of the Future_10 pdf

... acentrallyplanned economy,  and perhaps most chillingly, the overthrow of govern- ments and a“dictatorship of the proletariat.”In the wake of the collapse of communism, these ideas ... Amazon  49 Blinder,AlanS.,“IsGovernmenttooPolitical?”ForeignAffairs,No- vember/December1997.Web: http://www.foreignaffairs.org/19971101faessay 381 5/alan-s- blinder/is-gover...

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Accelerating Technology and the Economy of the Future_2 pot

Accelerating Technology and the Economy of the Future_2 pot

... has quicklyattracted the notice of the Securities and Exchange Commission and mayresultinnewregulation. Astheseexamplesshow,wecanexpectthat the rate of change and the volatility of nearlyeverythingaroundus will ... securities werethensoldtobanks and financialinstitutionsallover the world,with the understandingthattheywereverylow riskinvestments. When...

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