Productivity

Walmart, Jobs and the Rise of Self-service Checkout Tech

Computerworld
Daniel Castro, a senior analyst at the Information Technology & Innovation Foundation, says whether the technology affects employment depends on how checkout kiosks are used.

Postal Delay in Congress Hastens Risk of Mail Stoppage

Bloomberg Businessweek
Rob Atkinson predicted that lawmakers will be forced into a last-minute deal later this year, as the Postal Service comes closer to running out of money and the public hears more about the prospect of an end to mail delivery.

In Chile, firms with greater ICT use achieved total factor productivity (TFP) 40 percent higher than those with lower ICT use.

ICTs are so powerful precisely because they enhance the productivity and innovative capacity of every individual, firm, and industry they touch throughout economies-and this holds true for developed and developing countries alike. In fact, ICT workers contribute three to five times more productivity than non-ICT workers. In Chile, firms with greater ICT use achieved total factor productivity (TFP) 40 percent higher than those with lower ICT use. ICT is just as vital to enabling innovation as to boosting productivity. Read more »

Service Innovation Policy Benchmarking: Synthesis of Results and 15 Country Reports

December 1, 2012
| Reports

The United States lacks an integrated national service innovation strategy which reduces technological deployment and business development in a range of sectors, from health care to education. In addition, this lack of focus puts American industries at a disadvantage as other nations seeks to develop stronger service innovation policies across business sectors.

Winning the Race 2012 Memos: Boosting Innovation, Competitiveness, and Productivity

September 3, 2012
| Reports

Since the economy has still not fully recovered from the Great Recession, the challenge for the next administration will be two-fold: restoring U.S. global innovation leadership and driving productivity growth. To achieve robust job growth, the United States needs a growing and competitive “traded sector engine” powered by innovation. America also needs strong productivity growth because it is the surest way of addressing the fiscal challenge presented by the baby boom retirement. The next administration needs to make both top priorities and not be diverted by non-crisis foreign policy challenges or other domestic policy issues. We need the next President to state, to paraphrase John F. Kennedy, “Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, in order to assure the survival and the success of U.S. innovation leadership.”

However, as long as economic policy is a fight between small government, free-market advocates and big government, Keynesian redistributionists it will be difficult to address major economic challenges. The next administration needs to put aside obsolete doctrinal views and focus pragmatically on ensuring that economic organizations in the United States (for-profit, non-profit and government) boost competitiveness, innovation, and productivity

Productivity, Innovation, Investment Boost Jobs

September 3, 2012
Rob Atkinson talks about how jobs are created through growth in productivity, innovation and investment.

Rob Atkinson talks about how jobs are created (not destroyed) through growth in productivity, innovation and investment with Media Freedom's Mike Wendy.

See video

More Baby Boomers Need to Delay Retirement

August 8, 2012
| Blogs & Op-eds

The number of Americans aged 55 to 64 grew 8 times faster than the rest of the U.S. population in the last decade, reflecting the "pig in the python" of aging baby boomers. As this cohort retires in ever larger numbers they will place an ever greater strain on the economy, as they produce less (and pay fewer taxes) but consume more taxpayer-provided services such as Medicare and Social Security.

Road Congestion, TSA Congestion. What’s the Difference?

July 25, 2012
| Blogs & Op-eds
If Congress is not going to continue to fund the TSA, the TSA should consider using a fee to allow customers to bypass long lines. The fee would also allow more income to the TSA, and therefore allow more staff to work at airport TSA stations.

Sun City or Sun Power: Early Retirement is Hurting America

July 20, 2012
| Blogs & Op-eds

Americans face a choice as a country: we can either keep focusing on maximizing present consumption, especially by older people, or we can focus on maximizing production so we can afford the critical investments in America. If fewer American’s retired early and if we raised the retirement age to 70, we’d have more money to invest in science needs in research, infrastructure and skills, and maybe discover solar power that’s cheaper than coal power.

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