" "Commons-Based Peer Production".
It's a revolution in how things are made, by whom, and in what quantities.
In some ways, the future looks a lot like the past.
These blacksmiths are making a local solution to a local problem.
And we're going to be seeing a lot more of that."
And this was a presentation for the World Economic Forum, in China.
Just imagine how we can use the web and virtual spaces to work with global teams, in order to produce on a very local level...
Lack of R&D, innovation and structural problems in education are root causes of the eurozone crisis in Portugal, Greece, but also Italy and Spain struggle.
The Chicago Fed examines the evidence and says:
we find limited evidence of skills mismatch
They do find a few places where a mismatch might be present, but this is not the problem in most sectors (it's lack of demand). [via David Wessel]