The Workplace

Hidden Dollar Swap Hammer
Let me start the article with a personal note. For the last six years, my pen has put forth a public article almost every week. Since the end of 2009, a change has come from that pattern, for four reasons. First, articles take time and serve as free volleys sent into cyberspace.
Immortal Technique – Creation & Destruction

The Creation and Destruction of Value: The Globalization Cycle $9.94 Harold James examines the vulnerability and fragility of processes of globalization, both historically and in the present. This book applies lessons from past breakdowns of globalization—above all in the Great Depression—to show how financial crises provoke backlashes against global integration: against the mobility of capital or goods, but also against flows of migration. By a parallel…

Job Creation and Destruction $12.98 Job Creation and Destruction is the culmination of a long, ongoing research program at the Center for Economic Studies. Using the most complete plant- level data source currently available–the Longitudinal Research Data constructed by the Census Bureau–it focuses on the U.S. manufacturing sector from 1972 to 1988 and develops a statistical portrait of the microeconomic adjustments to the many ec…

The Natural Survival of Work: Job Creation and Job Destruction in a Growing Economy $13.10 Every working day in the United States, 90,000 jobs disappear–and an equal number are created. This discovery has radically altered the way economists think about how labor markets work. Without this necessary phenomenon of “creative destruction,” our economies would experience much lower growth. Unemployment is a natural consequ…