
Average Is Over: Powering America Beyond the Age of the Great Stagnation

When it comes to these complex tasks, people have to know what they are doing, they have to want to learn, and they have to want to cooperate with their fellow workers.
Tyler Cowen • Average Is Over: Powering America Beyond the Age of the Great Stagnation
Despite all the talk about STEM fields, I see marketing as the seminal sector for our future economy.
Tyler Cowen • Average Is Over: Powering America Beyond the Age of the Great Stagnation
That means better jobs and higher wages for a lot of women in this new world of work, without a comparable upgrade for a lot of the men.
Tyler Cowen • Average Is Over: Powering America Beyond the Age of the Great Stagnation
workers more and more will come to be classified into two categories. The key questions will be: Are you good at working with intelligent machines or not? Are your skills a complement to the skills of the computer, or is the computer doing better without you? Worst of all, are you competing against the computer? Are computers helping people in Chin
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There is now a joke that “a modern textile mill employs only a man and a dog—the man to feed the dog, and the dog to keep the man away from the machines.”
Tyler Cowen • Average Is Over: Powering America Beyond the Age of the Great Stagnation
The ability to mix technical knowledge with solving real-world problems is the key, not sheer number-crunching or programming for its own sake. Number-crunching skills will be turned over to the machines sooner or later.
Tyler Cowen • Average Is Over: Powering America Beyond the Age of the Great Stagnation
Team production makes the quality of “conscientiousness” a more important quality in laborers.
Tyler Cowen • Average Is Over: Powering America Beyond the Age of the Great Stagnation
If you’re a young male hothead who just can’t follow orders, and you have your own ideas about how everything should be done, you’re probably going to have an ever-tougher time in the labor markets of the future. There won’t be much room for a “rebel without a cause” or, for that matter, a rebel with a cause. It’s not surprising that teen employmen
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It sounds a little silly, but making high earners feel better in just about every part of their lives will be a major source of job growth in the future. At some point it is hard to sell more physical stuff to high earners, yet there is usually just a bit more room to make them feel better. Better about the world. Better about themselves. Better ab
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