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jscharrer

Sweden: The new model | The Economist - 0 views

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    This article from the Economist published in 2012 discusses recent changes to the Swedish economy and the lessons that Anglo-Saxon economies such as the US can learn from their example.
Rob Straby

The Economist Insights - Expert Analysis and Events | The democratisation of learning - 1 views

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    This is a well-research and balanced article from the British magazine 'The Economist". It provides an accurate overview of the status of online learning. It's shortfall is that it is primarily focussed on US data.
sarahbunting

Northern lights | The Economist - 2 views

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    This article takes an interesting look at how Nordic countries are reshaping their economies after the economic lows in 2007-08. Interestingly enough, much has been changing since Economics for Everyone was published in 2008. Very interesting read!
andreafaulkner

Schumpeter: Slaves to the smartphone | The Economist - 0 views

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    Discusses the trend of "hyper-connectivity" where the lines between work and home have become blurred and suggests that we need to establish socially acceptable guidelines in order to give ourselves a break.
Susan Montgomery

Global Trends - 0 views

http://www.economist.com/blogs/theworldin2013/2012/11/global-trends-2013. An interesting list of top ten for business leaders in The Economist.

started by Susan Montgomery on 04 Dec 14 no follow-up yet
sarahbunting

Let's worry about skills, not outsourcing - The Globe and Mail - 1 views

  • Information technology workers displaced in Canada are being replaced not by cheap Indian workers but by better ones.
  • When businesses save money – and boost profit – good things happen. Because it’s in their DNA to grow, money saved by business is money invested – in new products, in workers, in research.
  • But if the shift were from Ontario to Alberta, would the outrage be as great?
  • ...1 more annotation...
  • And a dynamic economy isn’t created on paper or by central planning – it’s created by allowing the natural forces of capitalism to work.
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    Interesting article written in April 2013, when RBC was outsourcing jobs and there was much hype in the media about it.  The author makes some interesting points which I have highlighted for you to read.  Firstly, commenting on the fact that Indian workers are actually as well qualified or more qualified than Canadian workers to get the job done.  Friedman mentions this in his book when talking about his visits to Bangalore.  She notes that when businesses boost profit this is good for the economy because it means they will invest it. However, it was noted by Stanford in Economics for Everyone, that this is not always the case, and the amount of profit being spent on luxury goods rather than investment is currently increasing.  Interesting note the author makes about us vs them.  She mentions that if the jobs had been moving somewhere else in Canada, would the reaction have been just as passionate?  It is important to ensure that we are looking at cultural and racial issues here and taking these into account.   Lastly, she comments that on how we have to allow "the natural forces of capitalism to work".  Stanford also mentions how economists will often refer to capitalism as "natural" and that this is not true.  It is one economic system (which has been created by man) which we currently use, but it is not the only one that can exist, and it certainly did not exist before man did.  It is not natural like the seasons.  
arlaynacurtin

Like it or not, we're all neo-liberals now - 1 views

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    Every dog has its day, and the same applies to economic theory. Today's dog is neo-liberalism, a policy framework developed by economists Friedrich Hayek and Milton Friedman, which found political expression under Margaret Thatcher and Ronald Reagan in the 1980s.
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    One of the main themes this week in the book "Economics For Everyone" is the term neoliberalism. Take a look at this article by the globe and mail. It talks extensively about how privatization, free trade and deregulation are changing society.
missjillian

Canada loses 11,000 jobs in August - 0 views

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    The Canadian economy shed 11,000 jobs in August but the unemployment rate stayed the same at seven per cent, Statistics Canada reported Friday. The figure was much less than economists were expecting. The consensus was that the economy would eke out a slight gain of about 10,000 jobs.
michellewain

Does Capitalism Inevitably Produce Inequalities? - 1 views

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    In a New York Times op-ed article, Nobel Prize-winning economist Joseph Stiglitz theorized that capitalism does not inevitably produce inequalities in wealth. The authors of this article challenge his theory by stating that capitalism is responsible for economic inequality.
kthoonen

Here, there and everywhere - 1 views

shared by kthoonen on 30 Oct 14 - No Cached
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    EARLY NEXT MONTH local dignitaries will gather for a ribbon-cutting ceremony at a facility in Whitsett, North Carolina. A new production line will start to roll and the seemingly impossible will happen: America will start making personal computers again. This article discusses the reasons why offshoring activity is declining and the trend towards "onshoring".
michwilson

Special report: Outsourcing and offshoring - 0 views

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    In the Shift, Gratton mentions globalization and the increased shift of jobs overseas. This link (it's actually an audio podcast) speaks to what Gratton states is the increase of jobs to Asia and India and information on this practice. It is interesting that they note that outsourcing does not have to simply be done overseas - a firm can outsource anything if it gives it to another firm - and it also speaks to how offshoring jobs isn't always the best option and can even end up costing the business more money. It also provides an outline of the benefits of sending jobs overseas, but also the benefits of keeping certain parts of the business in country and why large businesses may actually refute what Gratton is proposing .
fawneferguson

Ousourcing's Third Wave - 0 views

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    I found this article interesting because it outlines how even our most basic needs, growing food, can be outsourced to other countries. It also explores how outsourcing can be a type of neocolonialism, with rich countries exploiting poorer ones for their resources.
Susan Montgomery

Employment and Unemployment - 0 views

http://www.economist.com/news/briefing/21594264-previous-technological-innovation-has-always-delivered-more-long-run-employment-not-less. An interesting article on employment.

started by Susan Montgomery on 04 Dec 14 no follow-up yet
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