Citigroup’s chief economist, Willem Buiter, sees a storm brewing in China. He estimated that there is a 55 percent chance of a made-in-China global recession in the not too distant future, which he defines as a period of sub-2 percent global growth.
HowMuch.net has come up with a very cool data visualization that’s a little bit unorthodox. The way it works is that it visualizes the entire world’s economic output as a circle. That circle is then subdivided into a bunch of blobs representing the economy of each major country. And then each country-blob is sliced into three chunks — one for manufacturing, one for services, and one for agriculture.
The labor movement in the U.S. is finally starting to go online. It was born from the shifting economic environment created by the Industrial Revolution—and we are, once again, at a technological turning point: this time, change is driven across transistors rather than by steam engines. Labor issues are as much in flux as any part of the economy, with Uber and other “on-demand economy” companies creating both new opportunities and new perils for workers. Workers’ rights are struggling to keep pace with technological progress.
The economy in China is shrinking, and it’s happening faster than anyone expected, not even the country’s government.
According to recent data from the Bureau of Economic Analysis, you might consider moving to Mississippi or Arkansas, if you want the most bang for your buck. Continue Reading »
RedMonk has released their bi-annual programming language rankings. Very little has changed in the process since Drew Conway and John Myles White’s original analysis late in 2010.
There have been articles about the primacy of software engineers over the past several years. The fact that technical majors are making more money coming out of college than their classmates and the average salary for a developer has risen dramatically over the past few years supports this reality.
According to a recent paper published in the Portuguese academic journal, OBS, the single most striking element explaining the difficulty in the discovery and implementation of new business models for the media in the digital age, is the declining value of information in the networked society. Continue Reading »
At first glance, these things might not seem connected: the struggling economy, our struggling democracy, the income gap, and technology and artificial intelligence. but upon closer inspection, I find they’re all part of one impulse, and together they create the web of humanity—and our future. Continue Reading »
Along with a growing number of leaders around the world, many people believe that 3D printing will change the way things are produced more in this century than the industrial revolution did over the last 300 years. Continue Reading »