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elow, it now looks as if I was right - and the implications for the U.S. economy are highly worrisome. You see, the theory postulated by economist John Maynard Keynes holds that the extra spending stimulates additional output fails to address the question of where the money comes from. Government cannot c
mercial banks and investment banks to marry created giant operations that became too big to fail and too profitable to break up. February 16, 2010 Toyota Recall Messages Lost in Translation February 16, 2010 Boy,Scil orblokli Buying_ Into Brazil by Betting on Vale (NYSE: VAI F) Investor Reports J
ovement of goods is largely automated, as are many services. What’s left for humans to do? In 1930—long before the advent of computers, let alone AI—John Maynard Keynes wrote, in an essay called “Economic Possibilities for our Grandchildren,” that as a result of improvements in productivity, society could prod
ntitatively— both the productivity and the innovation rate within the organization can be significantly improved. This is, for instance, the basis of Toyota’s “continuous improvement” method. A next step is to try to do the same thing but at scale, something I refer to as building a trust network for dat
ovement of goods is largely automated, as are many services. What’s left for humans to do? In 1930—long before the advent of computers, let alone AI—John Maynard Keynes wrote, in an essay called “Economic Possibilities for our Grandchildren,” that as a result of improvements in productivity, society could prod
ntitatively— both the productivity and the innovation rate within the organization can be significantly improved. This is, for instance, the basis of Toyota’s “continuous improvement” method. A next step is to try to do the same thing but at scale, something I refer to as building a trust network for dat
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