Productivity in manufacturing increased more than the output of manufacturing. Therefore employment fell. (Source: http://www.heritage.org/research/reports/2010/10/technology-explains-drop-in-manufacturing-jobs …)pic.twitter.com/sczuUksa1W
-
That's question right at the heart of macro econ today..
If it has, why? (I'm betting if it "has," it's because demand has shifted to something they don't count, like software.)
-
-
Yes, that is also part of it. Here is a good text about it:http://voxeu.org/article/digitally-disrupted-gdp …
-
Method +ABS changes 2 GFCF/IP? R&D (+ >tax credits) big (artificial?) rise nom GDP Ask real role of >inequality on demand?pic.twitter.com/w8fwK3ofit
End of conversation
New conversation -
-
-
Right, but plenty of software is written so that process can be streamlined and automated.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.