COVID-19 lockdown and social distancing strategies have led to a huge increase in the number of people working at home (working remotely). According to Gallup, by mid-April, 62% of US employees were working at home. Further, Gallup found that about half of the remote workers preferred to continue working from home, with another quarter interested in remote working out of pandemic fears. read more »
Highest Salaries for Software Developer Remote Work (Metro Areas)
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A New Age of Feudalism for the Working Class?
In the past, fears of job losses from automation were often overstated. Technological progress eliminated some jobs but created others, and often better-paying ones. In the early days of the high-tech revolution, many of the pioneering firms—such as Hewlett-Packard, Intel, and IBM—were widely praised for treating their lower-level workers as part of the company and deserving of opportunities for advancement, as well as benefits including health insurance and a pension. read more »
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Back to the Drawing Board?
The global response to the impact of the Coronavirus seems consistent in at least one respect: everything we previously took for granted is now up for grabs. Long held truisms, established patterns of corporate and individual behaviour, doctrinal teachings, professional articles of faith – nothing is immune from Covid-19 induced change. read more »
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The Rebellion of America's New Underclass
Like so many before them, our recent disorders have been rooted in issues of race. But in the longer run, the underlying causes of our growing civic breakdown go beyond the brutal police killing of George Floyd. Particularly in our core cities, our dysfunction is a result of our increasingly large, and increasingly multi-racial, class of neo-serfs. read more »
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From tragedy to opportunity: We could live better when today's mayhem ends
For most people in this locked-down, riot-scarred world, the future beckons unpleasantly. There is a growing sense that, economically, the 2020s may look more like the 1930s than some halcyon post-industrial future. “Dark days ahead,” suggests The Week. “This is what the end of the end of history looks like." read more »
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Economy Loses Jobs Equal to Metro New York, Los Angeles, Chicago, and DFW
The economic distress resulting from the COVID-19 pandemic and strategies to limit its spread have been substantial. The most intense effects have been inflicted on the estimated 26 million workers who have lost their jobs, either temporarily or permanently. Many businesses may not be able to recover, while others may never be restored to their previous employment, as customer revenues take years to recover. read more »
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Police Violence, George Floyd, and Renegotiating the American Social Contract
It's time to put the current protests revolving around the Minneapolis police killing of George Floyd in the appropriate emotional and historical context. More importantly, it's time to consider what comes next. read more »
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Coronavirus: Why California's Small Businesses May Not Survive
Whatever the medical benefits achieved from the prolonged coronavirus lockdown, California’s small business community will be suffering severe symptoms, likely for decades to come. The state’s small entrepreneurs, particularly in poorer areas, face major readjustments and perhaps obliteration, a situation further complicated for some by damage stemming from the protests over the killing of George Floyd. read more »
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Pandemics and Pandemonium
Minneapolis and urban centers across America are burning, most directly in response to the brutal killing of a black man by a white Minnesota police officer. But the rage ignited by the death of George Floyd is symptomatic of a profound sense of alienation that has been building for years among millions of poor, working class urbanites. read more »
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Amazon Air: 2020's Transportation Juggernaut
Amazon Air is 2020’s transportation juggernaut, flying high above the many airlines struggling to keep aloft during the coronavirus epidemic. This wholly owned subsidiary of retailing giant Amazon is growing rapidly in response to another surge in online buying. Amazon Air’s expansion marks one of the most significant developments in the U.S. air-cargo business in years—and is giving a shot-in-the-arm to smaller airports oriented primarily towards freight shipments. read more »
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