PIKETTY ON INEQUALITY - REVIEW BY KRUGMAN
Why We’re in a New Gilded Age,
Paul Krugman
Capital in the Twenty-First Century
by Thomas Piketty, translated from the French by Arthur Goldhammer
PIKETTY ON INEQUALITY
Top Dogs
Rock-star economist Thomas Piketty— tough on inequality, soft on elitism
ADDITIONAL VALUE ADDED SKILLS REQUIRED TO SUCCEED IN AN INFORMATION ECONOMY
i have been trying to formulate an idea that is itching me. I see it unfolding rapidly and want to pass it on to my 15 grandchildren. Sakaria's message below begins to touch on it.
It seems clear to me now that all my (our) grandchildren are very smart, for whatever reasons, and they all will earn advanced professional degrees and doctorates, and work at a high skill level. But this is not enough in an information economy. By 2020 it is estimated that Big Data will equal about 35 trillion gigabytes of storage and 15% will be on the cloud. These numbers are meaningless to me, except it somehow means that Big Data is huge; and those who manage to develop the ancillary technical skills to manipulate and use Big Data will have a competitive advantage in the workplace. First, by enabling them to advance their knowledge and skills; and secondly by enabling them to be innovative to affect outcomes and profit for their companies.
Remember that half the jobs that exist in 2025 do not exist today.
I remember my first job out of college. I worked as an operations research mathematician (rocket scientist) at Vitro Laboratories in Silver Springs MD on a project for Admirals Henry Raborn and Hyman Richover for the USNavy. The project was to ascertain whether a nuclear weapon system was feasible aboard submarines. I was low man on the totem pole assisting some very serious scientists. Our team demonstrated the feasibility of the idea and hency our nuclear subs. I worked on the force of coriolis. My real job was to learn to make coffee, and also how to program the incipient IBM computers with 4K of memorry in 1957 to perform calculations and summarize data. Learning to write a program and execute it was the most important ancillary skill i had ever developed; and I maintained the skill. I used it thoughout my entire business career all the way to the top of my company. I recently finished writing a program to solve Sudoku.
I want my grandchildren to learn to code computers and laptops, and to write and work macro-languages, as an ancillary skill, to get the most out of the application tools available to them through their various keyboards. I want them to be fearless in attacking Big Data that is available to them in the workplace.
JILL TAKES A SPILL
Editor’s Exit at The Times Puts Tensions on Display
this is a great balanced article by a colleague of jill the shill. jill is an incompetent and inconsiderate manager who is totally into herself. go to charlierose.com and search his site for interviews with jill. an obnoxius, self absorbed incompetent manager who has hurt the nytimes greviously.
Sea Level Rise and the Future of the Netherlands
Sea Level Rise and the Future ofs the Netherlands
[related article] Western Antarctic ice sheet collapse has already begun, scientists warn
This possible event has been under study for decades and has a 20,000 year cyclical history. It has nothing to do with anthropogenic global warming (man made). The collapse would take a 1000 years, and the threat of a collapse could be a GOOD THING. MORE ON THIS LATER.
The availability of fresh water is a more serious issue than global warming; but the two issues are connected.
You must add the word polder to your vocuabulary to begin to understand the issues.
Carole and I just spent a week in the Netherlands. The average 12 dutch child knows more about weather, climate change and hydraulics than the typical politically correct climatologist and PhD in the USA. i will add to the understanding of this article in a few days.
CLIMATE CHANGE - THE END OF THE WORLD???
Western Antarctic ice sheet collapse has already begun, scientists warn
This possible event has been under study for decades and has a 20,000 year cyclical history. It has nothing to do with anthropogenic global warming (man made). The collapse would take a 1000 years, and the threat of a collapse could be a GOOD THING. MORE ON THIS LATER.
The availability of fresh water is a more serious issue than global warming; but the two issues are connected.
You must add the word polder to your vocuabulary to begin to understand the issues.
Carole and I just spent a week in the Netherlands. The average 12 dutch child knows more about weather, climate change and hydraulics than the typical politically correct climatologist and PhD in the USA. i will add to the understanding of this article in a few days.
A GOOD ARTICLE ON RACISM
i do not watch oreilly either; but found this: on-the-target-message, perchance surfing youtube;
as a lifelong conservative democrat - i belive the liberals, particularly in hollywood, have failed us.
Finally, an insight into Intelligence in the USA
Average Americans Think They're Smarter Than the Average American
What does that mean for the country as a whole?
Herein lies the problem
Most people think that politicians are dopes; (and most are dopes; particualry the liberal class politicians)
So most folks figure they are smarter than the pols,
I agree. most folk are.
LOOK WHAT HAPPENED TO JILL ABRAHAMSON, EDITOR OF NYTIMES: she got fired for asking for equal pay.
SO SHE IS JOINING THE REPUBLICAN PARTY
SO FOR THE LIBERAL SUPREME COURT JUDGE, (forgeot his name). HE GOT MUGGED IN WASHINGTON, AND BECAME A CONSERVATIVE.
Forget being smarter than a fifth-grader. Most Americans think they're smarter than everyone else in the country.
Fifty-five percent of Americans think that they are smarter than the average American, according to a new survey by YouGov, a research organization that uses online polling. In other words, as YouGov cleverly points out, the average American thinks that he or she is smarter than the average American.
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