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The Great Stagnation
Posted on 6/10/14 at 11:18 am
Posted on 6/10/14 at 11:18 am
Anybody read this book? I picked it up yesterday. It's about America eating all the low hanging fruit of illegal labor, cheap land, innovative technology, and that it's run out. I don't know how to feel about this.
Posted on 6/10/14 at 11:33 am to Broke
I don't think the innovative technology part has run out but that presents problems of its own.
What once took ten people can be done with five and soon can be done with three and many of the more "techy" companies simply don't need an army of people that older companies do/did.
It's a tough nut to crack.
What once took ten people can be done with five and soon can be done with three and many of the more "techy" companies simply don't need an army of people that older companies do/did.
It's a tough nut to crack.
Posted on 6/10/14 at 11:36 am to Broke
Is it about John?
Posted on 6/10/14 at 12:03 pm to Broke
I read a book (forced to, not voluntarily) with a similar premise for an economics class (or finance, I forget which) back in college.
That was....ahem....a few years ago.
Same conclusions were drawn back then. We seemed to have done okay since then.
That was....ahem....a few years ago.
Same conclusions were drawn back then. We seemed to have done okay since then.
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