Automation means low labor wages are less of an advantage than they used to be. If you only use a few workers to achieve high output, you are less sensitive to what you pay them and more sensitive to their individual skills since each worker is responsible for an increased amount of output. As Ch More...
Both Democrats and Republicans were quick to leap on the superficially tepid jobs report Friday to prove their partisan points. Both sides studiously ignored the good news hidden in the details: the private sector added enough jobs in S More...
"China, which currently mines most of the world's rare earths of both types [light and heavy], has a chokehold on heavy rare earths, producing 99 percent of the global supply.
"In its report last December, the Energy Department said it could take More...
"There's no such thing as shovel-ready projects," President Obama told the New York Times last year, reflecting on why the Stimulus Act didn' More...
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