Opinion: You can see higher wages everywhere but in the data
The only problem (to paraphrase Robert Solow): We can see higher wages everywhere but in the data. The latest evidence that wages just aren't rising quickly came on Friday in the employment cost index released by the Bureau of Labor Statistics. After a ...
UPI Horse Racing Weekend Preview
By Robert Kieckhefer, UPI Racing Writer | July 31, 2015 at 9:17 AM ... Who could ask for more in a weekend of racing: Triple Crown champ American Pharoah returns, Solow at Glorious Goodwood, five graded stakes at Saratoga and another at Del Mar.
5 Things Matt Yglesias Gets Wrong About Automation
He cites Robert Solow's classic assessment: “You can see the computer age everywhere but in the productivity statistics.” But perhaps that's because innovation isn't always immediately revolutionary. The economist Chad Syverson saw the same sort of ...
Enhanced output: Technological progress vital for modern economy
The Express Tribune
Economist Dr Moses Abramovitz studying the American economy from 1870 to 1950 found that measured growth in inputs of labour and capital could only explain 15% of growth in output of the economy. Nobel Prize winning economist Robert Solow, who ...