Silver as an investment

Category Archives: Production economics

A Communist Utopia (Funded By Capitalism)

Via The Daily Bell When is a commune not a commune? When it only exists because of capitalism. But that doesn’t stop it from having just enough communist ideals to make it a very restrictive place to live. Twin Oaks is an “intentional community” in Virginia. It is one of the oldest successful communes in […]

Globalization Is Poverty: “The Endgame Is Painfully Obvious”

Authored by Raul Ilargi Meijer via The Automatic Earth blog, Central bankers have never done more damage to the world economy than in the past 10 years. One may argue this is because they never had the power to do that. If their predecessors had had that power, who knows? Still, the global economy has […]

To Increase America’s Productivity, Ban This…

Aside from short-lived booms in the 1990s and 2000s, US productivity growth has averaged just 1.2% from 1975 up to today after peaking above 3% in 1972. As we detailed previously, adjusting for the WWII anomaly (which tells us that GDP is not a good measure of a country’s prosperity) US productivity growth peaked in […]

The False Promise Of Infrastructure Spending

Authored by Charles Hugh Smith via OfTwoMinds blog, Building bridges to nowhere isn't just a waste of money in the present; it saddles the economy with productivity-draining costs for decades to come. If there is anything the political left, right and center can agree upon, it's the lasting benefits of spending more (borrowed) money on […]

Smartphone Addiction Tightens Its Global Grip

How long is it since you last used your phone? Chances are, you're using it right now to view this post. Analysts from Statista's Digital Market Outlook have revealed that the amount of time we're spending with our smartphones online has increased substantially over the last few years. You will find more statistics at Statista The term […]

Productivity Myths Shattered: Is Productivity Rising Or Falling? Why?

Authored by Mike Shedlock via MishTalk.com, The debate over productivity rages on. Some believe productivity is understated. Others believe it is overstated. Janet Yellen believes a lack of strong productivity gains may be responsible for tepid wage gains. Financial Times writer Edward Luce is confused, as are many others. Luce discusses The Mystery of Weak US […]

Fumbling Towards Collapse

Submitted by Howard Kunstler via Kunstler.com, In all the smoke and fog emitted by Trump and his adversaries, it must be hard to make out the actual issues dogging this society, and even when you can, to find a coherent position on them. This was nicely illustrated in Paul Krugman’s fatuous column in Monday’s New […]

David Rosenberg: “The Travesty Is We Have 23.5 Million Americans Aged 25-To-54 Outside The Labor Force”

Some observations on recent negative trends in productivity, employment mismatch, and labor training and education from the increasingly more bearish David Rosenberg, who notes that the Trump’s proposed policies may end up helping growth on the margins, but fail to focus on what is really important, making tens of millions of US workers competitive and […]