- USA has to adapt and improve quickly in education and health care - 1 Update
- Now I will talk about some deficiencies of socialism like high taxation.. - 1 Update
- About Offshoring and Globalization - 1 Update
- And about immigration now - 1 Update
- More about arabs.. - 1 Update
- Intel Has Figured Out How To Compute In 3 Dimensions And It Could Put The Company Back On Top - 1 Update
| aminer68@gmail.com: Dec 08 03:25PM -0800 Hello, USA has to adapt and improve quickly in education and health care, read the following to understand more: The United States ranks 27th in the world for its investments in education and health care as measurements of its commitment to economic growth, according to the first-ever scientific study ranking countries for their levels of human capital. The nation placed just behind Australia (ranked 26th) and just ahead of Czech Republic (ranked 28th). In contrast, China's ranking of 44th in 2016 represents an increase from its 1990 ranking of 69th. "The decline of human capital in the United States was one of the biggest surprises in our study," said Dr. Christopher Murray, director of the Institute for Health Metrics and Evaluation (IHME) at the University of Washington. "Our findings show the association between investments in education and health and improved human capital and GDP -- which policymakers here in the US ignore at their own peril. As the world economy grows increasingly dependent on digital technology, from agriculture to manufacturing to the service industry, human capital grows increasingly important for stimulating local and national economies." The World Bank President, Dr. Jim Yong Kim, defines human capital as "the sum total of a population's health, skills, knowledge, experience, and habits." It is a concept that recognizes that not all labor is equal, and the quality of workers can be improved by investing in them. The US's ranking of 27th in 2016 represents a significant decrease from its 1990 ranking of 6th. It comes from having 23 years of expected human capital, measured as the number of years a person can be expected to work in the years of peak productivity, taking into account life expectancy, functional health, years of schooling, and learning. Researchers found that nations with greater improvements in human capital also tend to have faster growth in per capita GDP. Countries in the highest quartile of improvements in human capital between 1990 and 2016 had a 1.1% higher median yearly GDP growth rate than countries in the bottom quartile of human capital improvements. For example, between 2015 and 2016, a 1.1% increase in the human capital growth rate in China equated to an additional $163 per capita; in Turkey, $268 per capita; and in Brazil, $177 per capita. Read more here: https://www.sciencedaily.com/releases/2018/09/180924190303.htm Thank you, Amine Moulay Ramdane. |
| aminer68@gmail.com: Dec 08 03:01PM -0800 Hello, Now I will talk about some deficiencies of socialism like high taxation.. I think that there is a real impact of high taxation of socialism on economic growth, productivity and innovation. Take for example Francois Hollande of the french socialist party, I do not like the rich had cried Francois Hollande of the socialist party during the election campaign that led to the presidency of France. He went to a confiscatory tax and strangled the middle class with taxes. As a result, as the rest of the world emerges from the recession, the French economy stagnates, unemployment increases, young people decamp, the purchasing power of the French falls by 1% per year and foreign investors sulk. Euthanasia of capital and increased taxation have the effect of impoverishing the whole of society. In this sense, it is indeed egalitarianism. But i have to be more technical about lowering the taxation, here is what i will also technically say: It is agreed that a lower taxes mechanically stimulates growth by the effect of the "multiplier "tax effect": indeed, it results in an increase in households or corporate profits, which favors consumption and/or investment, and therefore, indirectly, the production and employment. Thank you, Amine Moulay Ramdane. |
| aminer68@gmail.com: Dec 08 02:20PM -0800 Hello, About Offshoring and Globalization: Why Is Offshoring a Concern? Despite the gain from specialization and trade that offshoring brings, many people believe that it also brings costs that eat up the gains. Why? A major reason is that offshoring is taking jobs in services. The loss of manufacturing jobs to other countries has been going on for decades, but the U.S. service sector has always expanded by enough to create new jobs to replace the lost manufacturing jobs. Now that service jobs are also going overseas, the fear is that there will not be enough jobs for Americans. This fear is misplaced. Some service jobs are going overseas, while others are expanding at home. The United States imports call center services, but it exports education, health care, legal, financial, and a host of other types of services. Jobs in these sectors are expanding and will continue to expand. The exact number of jobs that have moved to lower-cost offshore locations is not known, and estimates vary. But even the highest estimate is a tiny number compared to the normal rate of job creation. Winners and Losers Gains from trade do not bring gains for every single person. Americans, on average, gain from offshore outsourcing, but some people lose. The losers are those who have invested in the human capital to do a specific job that has now gone offshore. Unemployment benefits provide short-term tempo- rary relief for these displaced workers. But the long- term solution requires retraining and the acquisition of new skills. Beyond providing short-term relief through unemployment benefits, there is a large role for government in the provision of education and training to enable the labor force of the twenty-first century to be capable of ongoing learning and rapid retooling to take on new jobs that today we can't foresee. Schools, colleges, and universities will expand and get better at doing their jobs of producing a highly educated and flexible labor force. Read the rest of my previous thoughts to undertand more: About competitiveness and Offshoring and Globalization.. 1. We can reduce the payroll without laying off, by lowering wages. It will be argued that lowering wages will reduce purchasing power. But this is not certain since the effort of competitiveness is driving down prices. We could theoretically keep the same standard of living with lower wages and lower prices! 2. We can increase competitiveness without reducing the payroll or the number of workers. This requires basic research, applied research to develop new manufacturing processes or new products, investment and training. It is in fact the best solution, that which leads to increased production, wages, employee skills and standard of living. And i have to be more precise about Offshoring, first i said before the following: ----- Offshoring increases demand for more workers "qualified" and also has a significant positive effect on productivity, in Canada it is an increase in the "productivity" of order of about 10%, also according to some recent research the Offshoring of materials and services have both a positive and not negligible effect on productivity. When it comes to the repercussion on employment, the majority of empirical studies suggest that the general repercussions of offshoring on the employment levels are low (Amiti and Wei 2005, Mankiw and Swagel 2006). For proof, read the following document: https://translate.google.com/translate?hl=en&sl=auto&tl=en&u=https%3A%2F%2Fwww150.statcan.gc.ca%2Fn1%2Fpub%2F11f0027m%2F2008055%2Fs6-fra.htm ------ But to be more precise you have to understand more what is happening with multinationals, so read the following to understand more about U.S. multinationals: • The worldwide operations of U.S. multinationals are highly concentrated in America in their U.S. parents, not abroad in their foreign affiliates. The idea that U.S. multinationals have somehow "abandoned" the United States is not supported by the facts. They maintain a large presence in America, both relative to the overall U.S. economy and relative to the size of their foreign affiliates. • International engagement drives the overall strength of U.S. multinational companies. Although the United States is still the world's largest single-country market, in the past generation it has been a slow-growth market compared with much of the world. Even with today's worldwide recession, this means that the overall strength of U.S. multinationals is increasingly tied to their success in both America and abroad. It also means that viewing the domestic and foreign operations of U.S. multinationals as unrelated is increasingly incorrect. U.S. multinationals must make strategic investment and employment decisions from a truly global perspective, with links across all locations and with dynamic variation in successful strategies both across companies at a point in time and within companies over time. • Foreign-affiliate activity tends to complement, not substitute for, key parent activities in the United States such as employment, worker compensation, and capital investment. Being globally engaged requires U.S. multinationals to establish operations abroad and also to expand and integrate these foreign activities with their U.S. parents. The idea that global expansion tends to "hollow out" U.S. operations is incorrect. Rather, the scale and scope of U.S. parent activities increasingly depends on successful engagement abroad. Expansion by U.S. parents and their affiliates contributes to the productivity and average standard of living of all Americans. Read more here: https://www.uscib.org/docs/foundation_multinationals.pdf Read the rest of my previous writing: About populism.. I think the populist upsurge ultimately originates from two major sources: globalization and the rise of left-liberalism. But i think we have to be more aware about Globalization and immigration: First let us look at Offshoring: Offshoring increases demand for more workers "qualified" and also has a significant positive effect on productivity, in Canada it is an increase in the "productivity" of order of about 10%, also according to some recent research the Offshoring of materials and services have both a positive and not negligible effect on productivity. When it comes to the repercussion on employment, the majority of empirical studies suggest that the general repercussions of offshoring on the employment levels are low (Amiti and Wei 2005, Mankiw and Swagel 2006). For proof, read the following document: https://translate.google.com/translate?hl=en&sl=auto&tl=en&u=https%3A%2F%2Fwww150.statcan.gc.ca%2Fn1%2Fpub%2F11f0027m%2F2008055%2Fs6-fra.htm And now about immigration: Look at this following video about: Why Does the USA Need More IMMIGRANTS? You will notice that the West "needs" immigrants because they are also good for economic "growth". But please look carefully at the following video to understand more: https://www.youtube.com/watch?v=DmRgnDrhE9o And about Trade and Globalization: The Case Against Protection For as long as nations and international trade have existed, people have debated whether a country is better off with free international trade or with protection from foreign competition. The debate continues, but for most economists, a verdict has been delivered, Free trade promotes prosperity for all countries; protection is inefficient. We've seen the most powerful case for free trade—it brings gains for consumers that exceed any losses incurred by producers, so there is a net gain for society. And about globalization.. 1- Globalization has created new opportunities for firms to develop business models and offerings that have a higher intensity of R&D, innovation and capital. Many of the goods and services that have entered the market over the past decades have exactly those features, and without globalization, firms would have been forced to continue with business models that work with a smaller volume of sales. Firms have been able to specialize more than before and, as a consequence, human capital and the share of skilled jobs in the economy have grown remarkably. Today, advanced economies have a greater share of better-paid and better-skilled jobs than ever before. 2- Globalization has increased real wages for people in Western economies by making products cheaper or reducing the pace of price increases. If the typical goods that every household purchases had followed domestic rather than international price developments, consumers would have been poorer and saddled with products of lower quality. 3- Globalization has made significant contributions to productivity growth and, as a consequence, further raised living standards. Globalization has been particularly important for enabling new technology to spread fast across markets. In the long term, it is the speed of technological improvement that sets the pace for how richer societies get. However, trade and investment are not growing fast anymore, and there is much suggesting that the decline in trade and investment growth is one explanation to the failing dynamism of Western economies. While some appreciate the decline in the growth of globalization, those who care about the prosperity of a society should deplore it and make efforts for the world economy to return to high levels of trade growth. Read the following study to know more about globalization: The Economic Benefits of Globalization for Business and Consumers http://ecipe.org/publications/the-economic-benefits-of-globalization-for-business-and-consumers/ Thank you, Amine Moulay Ramdane. |
| aminer68@gmail.com: Dec 08 02:10PM -0800 Hello, And about immigration now: Look at this following video about: Why Does the USA Need More IMMIGRANTS? You will notice that the West "needs" immigrants because they are also good for economic "growth". But please look carefully at the following video to understand more: https://www.youtube.com/watch?v=DmRgnDrhE9o And read the following: Why Silicon Valley Wouldn't Work Without Immigrants There are many theories for why immigrants find so much success in tech. Many American-born tech workers point out that there is no shortage of American-born employees to fill the roles at many tech companies. Researchers have found that more than enough students graduate from American colleges to fill available tech jobs. Critics of the industry's friendliness toward immigrants say it comes down to money — that technology companies take advantage of visa programs, like the H-1B system, to get foreign workers at lower prices than they would pay American-born ones. But if that criticism rings true in some parts of the tech industry, it misses the picture among Silicon Valley's top companies. One common misperception of Silicon Valley is that it operates like a factory; in that view, tech companies can hire just about anyone from anywhere in the world to fill a particular role. But today's most ambitious tech companies are not like factories. They're more like athletic teams. They're looking for the LeBrons and Bradys — the best people in the world to come up with some brand-new, never-before-seen widget, to completely reimagine what widgets should do in the first place. "It's not about adding tens or hundreds of thousands of people into manufacturing plants," said Aaron Levie, the co-founder and chief executive of the cloud-storage company Box. "It's about the couple ideas that are going to be invented that are going to change everything." Why do tech honchos believe that immigrants are better at coming up with those inventions? It's partly a numbers thing. As the tech venture capitalist Paul Graham has pointed out, the United States has only 5 percent of the world's population; it stands to reason that most of the world's best new ideas will be thought up by people who weren't born here. If you look at some of the most consequential ideas in tech, you find an unusual number that were developed by immigrants. For instance, Google's entire advertising business — that is, the basis for the vast majority of its revenues and profits, the engine that allows it to hire thousands of people in the United States — was created by three immigrants: Salar Kamangar and Omid Kordestani, who came to the United States from Iran, and Eric Veach, from Canada. But it's not just a numbers thing. Another reason immigrants do so well in tech is that people from outside bring new perspectives that lead to new ideas. Read more here: https://www.nytimes.com/2017/02/08/technology/personaltech/why-silicon-valley-wouldnt-work-without-immigrants.html And I have just looked at this video of the french politician called Jean-Marie Le Pen and he is saying in the video that with those flows of immigrants in Europe that: "La 3ème Guerre mondiale est commencée", look at the following video to notice it: https://www.youtube.com/watch?v=Ene0hp7EAus But i think that Jean-Marie Le Pen is "not" thinking correctly, because if Western Europe wants to keep its social benefits, the countries of the E.U. are going to need more workers. No place in the world has an older population that's not into baby making than Europe, read more here on Forbes to notice it: Here's Why Europe Really Needs More Immigrants https://www.forbes.com/sites/kenrapoza/2017/08/15/heres-why-europe-really-needs-more-immigrants/#7319e2e24917 Thank you, Amine Moulay Ramdane. |
| aminer68@gmail.com: Dec 08 02:09PM -0800 Hello, More about arabs.. I am a white arab, and I think arabs are smart people, Babylonians of Irak were racially arabs, read about them here: 3,700-year-old Babylonian tablet rewrites the history of maths - and shows the Greeks did not develop trigonometry Read more here: https://www.telegraph.co.uk/science/2017/08/24/3700-year-old-babylonian-tablet-rewrites-history-maths-could/ Also read the following about Arabs: Research: Arab Inventors Make the U.S. More Innovative It turns out that the U.S. is a major home for Arab inventors. In the five-year period from 2009 to 2013, there were 8,786 U.S. patent applications in our data set that had at least one Arab inventor. Of the total U.S. patent applications, 3.4% had at least one Arab inventor, despite the fact that Arab inventors represent only 0.3% of the total population. Read more here: https://hbr.org/2017/02/arab-inventors-make-the-u-s-more-innovative Even Steve Jobs the founder of Apple had a Syrian immigrant father called Abdul Fattah Jandal. Read more here about it: https://www.macworld.co.uk/feature/apple/who-is-steve-jobs-syrian-immigrant-father-abdul-fattah-jandali-3624958/ Thank you, Amine Moulay Ramdane. |
| aminer68@gmail.com: Dec 08 01:53PM -0800 Hello, Intel Has Figured Out How To Compute In 3 Dimensions And It Could Put The Company Back On Top If you can't increase performance by speeding up the chip, then the obvious thing to do is to reduce the distance between chips. That's the idea behind the architecture called 3D stacking, which integrates different chips together much like the integrated circuit combined various components together on a single chip. Stacking chips on top of each other would not only vastly reduce the time circuits need to wait for instructions from each other and increase speed significantly. It would also decrease power usage due to far shorter communication paths. It seems like the perfect solution to a thorny problem. However, this approach comes with its own problems. Because the chips are stacked on top of one another and heat travels upward, they tend to overheat. So while the technique has been used for memory chips, no one has been able to make it work for processing chips. Until now, that is. That is essentially what Intel has achieved with its Foveros technology. The company has announced that it cracked the problem and that the technology will become available in the latter half of 2019. It is a tremendous achievement and has the potential to put Intel back on top. Read more here: https://www.innovationexcellence.com/blog/2019/06/10/intel-has-figured-out-how-to-compute-in-3-dimensions-and-it-could-put-the-company-back-on-top/ Thank you, Amine Moulay Ramdane. |
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