Are we heading for a new era of nationalizations?
The Dutch government has just shelled out $775million and is now the proud owner of close to 13% of the Air France – KLM group, reflecting its determination to get…
Philippe Waechter's blog
Employment and Activity in the US Manufacturing Sector
Yesterday, in the Wall Street Journal (see here), Kathleen Madigan noticed that there was “no renaissance for manufacturing jobs”. And her chart is convincing. It shows the manufacturing production index…
Video – The Second Machine Age – Thoughts on New Technologies
After the publication of their book, the Second Machine Age, Andrew McAfee and Erik Brynjolfsson give an interview on their thoughts on the acceleration of technical progress and its impact…
Two Remarks on Industrial Policy and on Employment
Industry is generally seen as a source of employment on a large-scale. This is often, at least implicitly, the reason to highlight the need for an industrial policy. It does…