The US higher education system comprises of nearly 4,000 colleges and universities, 20 million students and 1.6 million faculty. Public and private providers offering an array of two and four year degrees. There are twice as many universities in the state of Louisiana as there are in Australia. The peak body that represents this sector... Continue Reading →
Not too long ago, the US employed more than 300 thousand workers in car manufacturing plants across the country. Over a million more were employed in auto parts manufacturing. Since the turn of the Century, US auto’s narrative has been one of gradual decline. Automation, globalisation and changing consumer preferences drained jobs out of the... Continue Reading →
Is there anything more frivolous than owning a high end bicycle? A watered down version of Chris Froome’s Tour De France winning Pinarello Dogma F10 will set you back about $15,000. You can buy a used bike from ebay that will essentially do the same job at a hundredth of the cost. Owning a performance... Continue Reading →
Labour productivity grew rapidly in many OECD economies during the second half of the 20th Century. This was mostly the result of catching-up as nations adopted existing, but as-yet unexploited technologies. Once these catch-up wins were realised, productivity growth would revert. The rapid dispersion of information and communication technologies in the mid-1990s spawned a new... Continue Reading →
TALES FROM THE LONG TAIL 