Awesome to be in Quebec City to present to the IIA Canada’s Audit Leader Event on the economic and demographic forces that will challenge leaders in the years ahead. hashtag#futureofwork hashtag#growthmindset hashtag#economy hashtag#keynotespeaker hashtag#technology hashtag#climate...
Awesome event yesterday at BDO Canada talking about the megatrends impacting the future of work and the importance of having a growth mindset. Challenging times ahead, but exciting times too. Happy to be part of the discussion!...
Was great to be in Ottawa to present to appy to be in Ottawa today to present to the Canadian Crops Convention #CdnCrops23 at their first in-person event in three years! We talked about the global economic outlook and about the megatrends that are shifting...
What a great event! Loved presenting at the National Wooden Pallet & Container Association (NWPCA)Annual Leadership Conference in Fort Worth to a super-engaged and enthusiastic group....
So great to present to #Cannexus23 this week (virtually!) about the themes in my new book 'Working it Out: Getting Ready for the Redefined World of Work' - thank you to CERIC for the invitation! #futureofwork #keynotespeaker ...
Fair or not, people will trade off wage hikes for the ability to work from home. Read more in my latest piece from the Globe and Mail here...
Awesome to be in Vancouver to speak to the MGI Global conference about the global economy and the megatrends that will shape it in the coming years. So great to be back in lovely rooms like this one at the Pan Pacific Vancouver!...
Was awesome to speak to the Ontario Municipal Financial Officers in lovely Blue Mountain, Ontario. Yes, the discussion was about the economy but it was also about resilience and why it is more important than ever to develop it both from an individual and an...
The heat waves in Europe this summer are a reminder that our planet is getting warmer and in turn that that will have an impact on the future of work. See more here in my latest column for the Globe and Mail...
The price of everything is spiralling which means all of the calculations that people made about retirement may need to be re-calculated. That might mean staying in the workforce longer or maybe returning after you have exited it. Whatever decisions people make will have wide...
Happy to be quoted in this article in Bloomberg Opinion on inflation and how that is impacting generational spending choices. https://www.bloomberg.com/opinion/articles/2022-01-02/millennials-are-finally-buying-houses-what-does-that-mean-for-inflation...
What are the trends around the future of work we should be watching as we get into 2022? I take. a look at them in my latest column for the Globe and Mail...
It is the fourth quarter of 2021 and we are still in a state of flux in the work world.. Companies are struggling with whether to bring everyone back to the office, there are labour shortages all over, and just what normal looks like in...
Can you turn departing employees into loyal alumni? When a worker leaves, most companies bid them well, perhaps doing a hasty exit interview on the way out. That, however, may be a short-sighted way to do things. Today's guests are Dr. Alison Dachner of John...
Frito-Lays workers have recently settled a strike (over appalling work conditions) but that is not the end of the discussion on the best way to get snacks into bowls. Right now the answer is apparently to grind out shifts from human beings, but the next...
Can you use scenario planning to prepare for the future and the future of work? As the pandemic has shown, you can never be completed prepared for what might happen, but planning and imagining scenarios can definitely give you an advantage. Our guest today is Lance...
We are getting good news on the economy and the labor market but are the statistics telling us the whole story? Even with a surge in hiring and a fall in the unemployment, there is a core of people who have been out of the...
YOLO - you only live once. Coming out of the pandemic, a lot of people, and in particular younger people are taking that attitude and it may have economic implications. An eagerness to switch jobs or industries and to travel more could shake things up...
Do you know what the bull whip effect is in terms of economics? A lot of us might not have known or cared about it before, but it could make a lot of difference to how robust the post-pandemic rebound turns out to be. Learn more...
How important will reskilling be to our economic future and what role should business play in making it happen? And what about continuous training? Business has always been reticent about training because there is always the risk that you could lose those trained at your...
How do you take someone with one set of skills and gret them ready for a job market that needs a completely different set of them? It is an issue that we had started to grapple with a lot before the pandemic, but the pandemic...
Was an honor to speak to the recent 'Ahead of the Curve' event held by American Express for their Canadian team. I talked about the outlook for the global economy as we come out of the pandemic as well as the things to consider longer...
Should we be worried about pandemic graduates? If we are to go on the history, those who graduate during recessions tend to have a much harder go of it than 'luckier' cohorts, and the disruptions we have seen this time around could make things worse....
Our major economic problem right now is the pandemic and its offshoots, but that does not mean the economic issues we had before the pandemic have gone away. One of those issues is technology, or rather the speed of technological change and what that means...
Remote work used to be looked at with suspicion, but after nearly a year of trial by fire, everyone knows it is great - right? Actually, not right. Despite having tried it out for months, many managers still view remote work as very much second...
Was privileged to moderate a great roundtable on 'New Approaches to Reskilling and Upskilling Displacd Workers' for th Business Council of Canada and the Public Policy Forum last week. Moderating by teleconference is a bit different than doing it in person, but takes me back...
Last column of the year for the Globe and Mail- what should we expect from the post-pandemiic labour market? Read more here ...
This is episode 2 of a special 4-part special series of Work and the Future called Coming Back Stronger sponsored by Microsoft. In Episode 1 we talked about what organizations should do to come back ready for the post-pandemic world, but what about individuals? Their...
This is episode 1 of a special 4-part special series of Work and the Future called Coming Back Stronger sponsored by Microsoft. We are still fighting this pandemic but we are also seeing light at the end of the tunnel. But how are we going to...
If you work remotely you are not going to buy your usual coffee and sandwich near your office, and that is going to have economic consequences so someone should pay for that through higher taxes. That is the premise behind a suggestion from Deutsche Bank...
So much attention gets paid to the pandemic and how it is changing the work world that we sometimes forget how much disruption was going on long before we ever heard of Covid-19. The fact is, automation and the Fourth Industrial Revolution were already changing...
Yes I miss in-person presentations, a lot actually, but cool that we can still keep the conversations going. Here I am on someone's laptop (you can see his coffee mug to the right) as I speak to the Ontario Municipal Human Resources Association fall conference...
It may have been a bit of a struggle to make it work, but the pandemic has forced many companies to keep their teams intact even when they are not under the same roof. As workers have de-camped to far-flung places, perhaps permanently, we are...
What does flexible work mean to you? It might mean leaving a few minutes early to catch your kid's soccer game, or it might mean totally restructuring your job so you can travelfor a few months. In both cases, however, employers have traditionally been hesitant...
It is something you hear about a lot - the need to be innovative. We hear that innovation is the key to economic growth, or the companies need to encourage innovation – but what does that really mean? Our guest on today's episode is Anders...
Climate change it was an issue before the pandemic, and it will be an issue when the pandemic is over.More than that, the issue of climate change will be a long term issue that impacts the future of work. Between the ways that we operate...
When we think about the words that go with 'leadership', 'heart' is rarely among them but perhaps it should be. The pandemic has shown us that business as usual is no longer going to get the job done, and as well we are all acutely...
Why choose one career when you can do more than one at the same time? In these days of gig jobs and the need to pivot as the economy change, maybe we should thinking hard about 'portfolio careers' or doing several things at the same...
Freelance work something of a controversial workforce trend. To some, it is the dreaded gig economy, those who are forced to work on contracts or driving ride shares because they cannot find that holy grail, the full-time job. To others though, it represents freedom, the ability to...
Remote work is having a minute, or rather a series of them. Some companies have used it for years, some have been adamantly against it, but both kinds are being forced into it at the moment. As the pandemic forces millions to figure out some...
Was so great to speak to Manitoba Tech's Disrupted Future conference last week..I spoke about the future of work, which is scary and challenging but something we need to come to terms with now. There is lots to be optimistic about, and I think people...
Let's face facts: tech is indeed replacing workers, especially at places like grocery stores where simple functions like scanning labels can be done without employees. A labor group in Oregon wants to legislate that away, but can you even do that? Read more here in...
Maybe we will have a recession, maybe we won't, and anyway by all means use a different word if you prefer.'Slowdown', 'Soft Patch', 'Downturn', any of them will do, and any might describe where the economy will be by next year. If we do hit...
One of the big worries regarding the future of work is that jobs are going to disappear altogether, replaced by breathtaking technology and clever robots. That is happening to an extent, but apparently some dregs are being left for humans, for better or work. 'Ghost...
When I speak to employer groups about the future of work, they are often keen to know what they should do to both attract and hold on to workers. In tight markets, that often means attract anyone, anyone at all, they are not fussy. Still,...
The future of work is a huge subject, not one that can really be tackled by in a forty minute period, but we gave it a shot at the Globe and Mail's recent Future Forward conference. I was part of a panel that touched on...
Industrial revolutions are always kind of scary, at least for those who have to make a living. The idea that some crazy new technology can do your job, and maybe do it better..well who can blame the Luddites of the 19th century who took hammers...
It always happens the same way: the economy slow and births go down, and then it gets better and there is a mini baby boom. Except - not this time. It is ten years after the end of the recession and births in the U.S..and...
No one is saying central bankers ever had an easy job, but at least in days gone by it used to be a bit more straightforward. If labor was in short supply wages went up and people had more money to spend and prices went...
Whenever I speak before an audience I inevitably bring up the subject of demographics, because to me it is the aging-elephant in the room. Whether I am engaged to talk about the economic outlook or about interest rates or about the future of work, it...
The 'nine-nine-six culture' (working nine to nine, six days a week) is something close to the norm for Chinese tech workers who are supposed to embrace it with no complaints. Now, some are pushing back on it, and employers are not thrilled (and are not...
After this Globe and Mail column came out, I had a friend call and ask whether he should re-jig his portfolio to get rid of his auto stocks. The piece is about demographics, and specifically about the implications of the fact that people spend differently...
Jobs come and jobs go, but are the ones that are coming as good as the ones that we are losing? I was taken by some new research from the Massachusetts Institute of Technology which looked at the job titles being added and found a...
It's a new year so how better to celebrate it than by throwing away all the junk you bought last year? And the one before that, and before that? Seems like so many of us have piles of unwanted 'stuff' and nothing feels better than...
Okay, we have to talk about a recession. It might not happen, but enough indicators are suggesting that it is a possibility that we do have to go there. At the moment, we have these incredibly low unemployment rates in Canada and the U.S. but...
I recently had the chance to do a great interview with Anne Gaviola of VICE on 'How Not to be Replaced by a Robot at Work'. For those of you who are not aware, VICE is a site that primarily attracts those under the age...
In my latest column for the Globe and Mail I write about the controversial subject of a robot tax. In one sense it is fair enough: if you hire workers you have to pay a payroll tax, so if you go with robots (or cobots,...
Work Is Not a Place (the new book) is officially out on December 9th which is exciting..has been a long process (but a fun one too. Some days.). In the meantime, I have been out talking about the subject of it, which is basically the...
We have kind of been moving to a winner-take-all world for a while, but a decade after the recession the trend only seems to be intensifying. The McKinsey Global Institute did a pretty thorough job of looking at the phenomenon in a recent paper, making...
The Bank of England seems to be asking the hard questions about future of work...
Automation is cool in so many ways and it is going to do great things for business. It is even going to create amazing new jobs that we cannot even get our minds around yet. But here's the thing: they may not be jobs for...
If you want to pick a restaurant you might check out a Yelp review, and if you want to pick a hotel you might check out TripAdvisor. What happens though when someone is deciding whether to hire YOU and you are at the mercy of...
If you want to pick a restaurant you might check out a Yelp review, and if you want to pick a hotel you might check out TripAdvisor. What happens though when someone is deciding whether to hire YOU and you are at the mercy of...
Here is my latest Globe and Mail column an d it is kind of radical. Given that lives are getting longer, should we think about starting careers later, maybe as late as 40? Crazy right? Maybe, but maybe we need to at least open our minds...
You pay too much in taxes right? Well, everyone thinks they do, but honestly some people have more of a case than others: single taxpayers (who are a growing group) are actually the ones getting hid the hardest these days. See my column about it...
You pay too much in taxes right? Well, everyone thinks they do, but honestly some people have more of a case than others: single taxpayers (who are a growing group) are actually the ones getting hid the hardest these days. See my column about it...
Changing technology is turning into tragedy for some of those whose lives and likelihoods are…but I don’t think we can legislate change away. See my latest piece for the Globe and Mail and here....
Could we be moving to an era of shorter work weeks? See my latest for the Globe and Mail here ...
My latest piece for the Globe and Mail on why Prince Harry is one of many young men 'marrying up' ...
Here is my latest piece for the Globe and Mail, It talks about the way that inequality is going to follow this generation of workers into their senior years....
I am thrilled to now be writing a bi-weekly column for the Globe and Mail, Canada's national newspaper. See my first here - it is a look at how the gig economy is in force but our social policies are woefully out of step with...
Is there a better way to see the future of work than to follow the drama that is Uber? The ride-hailing service burst on to the scene in San Francisco just about six years ago and nothing has been the same ever since. From how...
Demographics drives a lot of things including Mergers and Acquisitions (M & A) activity. That is a lesson we are now learning from Japan, where there are apparently too few heirs to take over large companies as their boomer-aged Chief Executives head for retirement. This piece...
There are a lot of things robots can do, but they cannot make societies any younger. Canada and the U.S. are aging – there is little debate about that. What exactly that will mean for the labor force and the economy is a bit more up...
I'm happy to have been able to contribute to Macleans' list of '75 Charts Every Canadian Should Watch in 2017'. My post was on the 'Gig Economy' and you can find it here (you have to scroll down to find it, but that gives you...
If I had to think of an industry prone to poisonous industrial relations battles I would probably think first or the auto sector, or maybe even something like education or health. The battles in those industries, however, are apparently being matched by orchestras (can I...
Collaboration, sharing ideas, boosting creativity, creating bonds – all of these are reasons that are typically given for having open plan workspaces. Sit next to your colleagues in an open plan office or cubicle, goes the reasoning, and productivity will rise. Not so, says new...
Maybe I’m late to the party, but it was only recently that I heard the phrase ‘side hustle’. Apparently it has been around a while: way back in 2013, Entrepreneur.com tacked up an online definition, calling ‘a way to make some extra cash that allows...
Amongst the problems with the Sharing Economy – and its offshoot, the Gig Economy – is the fact that shares in it tend to be pretty unequal. In fact, even more than is the case of a usual employee-employer relationship, oftentimes the ‘employee’ in this...
A year ago most of the us knew little to nothing about the Zika virus, but at the mid-point of 2016, it appears that its existence is one factor that could disrupt world economic activity for years to come. The existence of the Zika virus...
Really, it seemed like the universal basic income (UBI), was going to be the hot new thing in economic policy. It sounds like such a simple solution to economic woes, so uncomplicated, just so basic really. Give every citizen in a country some form of...
Here’s a new one to me: the ‘divorce mortgage’. No its not some crazy, invented term to describe a financing vehicle (my mind went back to ‘plain vanilla swaps’ from the days when derivatives were the buzz), but rather exactly what it sounds like: a...
You might not have noticed it, what with one economic crisis and stock market meltdown after another grabbing your attention, but the last few decades have actually been great ones for investors. Thanks to a perfect storm of factors, investment returns for the period from...
Goodness knows, there is nothing better for the economy that productive workers. After all, an economy grows through having people working, and by having their hours at work be efficient. That can come through having them use the right equipment, or just by having them...
The rise of Robo Advisors highlights a trend of jobs traditionally thought of as high skill potentially being replaced by technology...
We all know the how the narrative goes: manufacturing is dead, and those old cities known as industrial centers are as well. It is not a hard case to make it if you take a quick tour of places like Pittsburgh or Detroit in the...
Millennial women want to launch global careers but companies are missing the boat by not giving them what they want. That’s one of the most interesting points I found from reading the new study by consulting firm PwC on talent pool of Millennial women, published...
Twenty and thirtysomethings would apparently rather buy experiences than things, and that has some very definite implications for retailers – or as least that is one theory. As this article from Bloomberg Business suggests, the stock market tells the tale of what is happening very...
Way back when I studied economics, I don’t actually remember learning what a ‘negative interest rate’ was. In fact, even a few years ago when I taught graduate-level economics (a whole other post), I don’t remember it being in the curriculum, or even being asked...
What do you think of when someone says ‘HR?’. For a lot of people, the ‘Human Resources’ department of their company is the group that makes them fill out a lot of forms, takes a bunch of surveys, and handles the admin of filling positions....
I had barely heard about Campus Coliving and their business model before I saw the sad announcement yesterday that they were closing down the company, a result of not being able to make any money at it. The problem I'd say is that as a...
Is Mickey Mouse a snob? According to this article from the blog Theme Park Insider (reprinted by Quartz), while once Disney (NYSE: DIS) was all about welcoming the middle class into its parks, these days you have to be rich to party with the well-heeled...
‘Employee Engagement’ – you may want to brush that off as just another HR buzzword, but the truth is that unless your employees are engaged its doubtful you are getting the most from them. If you’re an employee you can confirm that actually: the less...
I admit, I have watched television shows set in law firms for a long time now. When I was young and impressionable, I watched the excitement on L.A. Law and was intrigued enough to eventually take the Law School Admissions Test (I did get accepted...
Everybody hates the suburbs right? Or at least all the cool people. They talk about a return to the downtowns, about walkable spaces, about riding bikes to work. It is all interesting stuff, but are people really rallying against the suburbs? Any look at population...
Etsy (ETSY) and I go way back. My first purchase from the online crafts marketplace was a set of personalized aprons to give as a gift that I bought back in 2010. Since then I’ve purchased baby blankets, Christmas ornaments, a ton of custom invitations,...
How can a city with a unemployment rate of 19 percent scoff at any industry, especially one that accounts for 15 percent of its GDP? That was my first thought when I heard that the city of Barcelona is actively pursuing a strategy to keep...
Issues about whether a hereditary monarchy should exist aside, I have nothing against the Duke and Duchess of Cambridge. They seem cool, and they seem to work pretty hard as well. They do more than their share to bring tourism into Britain. It appears that...
If you were a brand new graduate from a top tier university, you had a degree that made you a hot item and you could work anywhere at all, where would you choose? Say it came down to Wall Street or Silicon Valley – both...
There are so many facets of the shuttle-bus-to-Silicon-Valley story that fascinate me. The fact that people are willing to commute a fair distance to be able to live in San Francisco while working for tech companies 60 miles away has big implications, and not just...
Was it all big one fun, Technicolor roller-coaster ride never to repeated? The economic growth of the past fifty years was awesome, at least in a historical context. Question is, was it a one-time-only, and are we destined to go back to the sluggish economic...
Attention interest rate watchers: Walmart is raising wages so the U.S. Federal Reserve is likely to be hiking interest rates. It is not as simple as that, but it kind of is actually. In case you missed it, here is the New York Times’ take on...
How would you like free college tuition for you and for your kids? It would really take the pressure off, right? Of course you’d take it if offered – but what if there was a catch, the catch being really high taxes forever? That’s the...
Here is the good news for U.S. restaurants: it costs less to fill those SUVs and minivans these days, so some of the saved money is going to be spent eating out. (Blooming Onions for everyone!). The bad news? That windfall to restaurants is not...
Former Abercrombie CEO Mike Jeffries (yes, I said ‘former’, he stepped down today) said some pretty dumb and offensive things about who he wanted his clientele to be. If the company’s numbers were good nobody might have cared, but in this retail environment he rightly...
Do you go to the mall? I used to, quite a bit actually. In the 70s, 80s, 90s, even the 00s – the mall was the place to buy stuff, and I liked stuff as much as any child and young woman in North America....
Trust me, I am not saying that ‘Oprah’s Favorite Things’ are a good approximation of anyone’s holiday shopping list. Still, I think it is an economic indicator, of a type, just the same. The Queen of Daytime Talk (and the Forbes-magazine certified 580th richest person in...
Everybody has their favorite so called-called ‘bellwether’ company, the one that tells you where the economy is going if you scan its fortunes. A lot of people like Federal Express, since tracking shipments tells you a lot about the level of activity. Another favorite is...
Advertising, television, media – they sound like cool places to work right? What with Mad Men like a giant commercial for the glamorous industry of advertising, I imagine more people than ever are lusting after careers writing copy and crafting campaigns. Maybe though, their better...
I never thought I would admire Mallory Keaton, but I really do. Okay, the person I admire is actress Justine Bateman, not Mallory Keaton, the ditzy teenager she played on television show Family Ties (it ran from 1982 through 1989). For those of us who grew...
Freelancing, the best thing ever to happen to the workplace or an evil idea designed to make workers poor and companies inefficient? We are not even close to a consensus on that, but apparently we are getting closer. According to one new study, 41 percent...
Ah, street theater. Buskers, break dancers, the sidewalk artists that sketch – they bring a city to life, and they attract tourists as well. The right ones – like the guy I saw do a marionette show to music in Charleston, South Carolina last summer...
Is being a ‘solopreneur’ – someone who basically runs their own shop –a good thing or a bad thing for the economy? We had better figure it out, because apparently the number of them (us actually, I am one as well) are increasing a phenomenal...
A long time ago, when I was deciding what to do when I grew up, I gave some thought to being a newspaper reporter. I liked to write, I was good at it, it sounded fun. I have always been a practical person though, so...
If you grew up watching The Jetsons, how can you be afraid of Robots? And really, given that it the show about the space age family has run in repeats forever (it was first broadcast in the early 1960s, and then some new episodes were...
Call them shallow if you will, but when scouting for men women generally prefer those with jobs. According to a survey by the Pew Research Center, fully 78 percent of never-married women say that finding someone with a steady job would be ‘very important’ to...
Can’t you just hear executives around the world gnashing their teeth? Now that Sir Richard Branson’s Virgin Group has an approved a ‘take as much vacation as you want’ policy, there is going to be pressure for other companies to offer them as well. Question...
Here’s a a dry news headline that buried in the back pages of business sections yesterday but deserves a closer look: according to debt-ratings service Moody’s, the 25 largest U.S. public pensions face about $2 trillion in unfunded liabilities. Translation: unless something changes, retiring U.S....
I have to admit, following the antics of the world’s central banks has been a bit of a bore the past few years. Since the end of the financial crisis (no, we are no going to debate whether there is a still a crisis going...
I have never been to Portland, Oregon but it sounds like a pretty cool place. As it turns out, it is so cool that lots of people have gone there. Thing is, now that they are there they are not sure what to do with...
Oscar the Grouch as a great innovator? Well, not exactly, but apparently Sesame Street, the venerable children’s television show now in its 45th year, has taken a pro-active view of innovation for a long time. Give the show’s longevity, perhaps there are lessons for other...
Fifty dollars a bottle and priced just right. Now, I’m not talking about a delightful little bottle of burgundy that goes nicely with braised lamb shanks for autumn dinners. The burgundy, after all, would be 25 ounces worth. I’m talking about a bottle of nail...
It is not the first time, and it probably will not be the last, but International Monetary Fund (IMF) President Christine Lagarde is urging women to enter the Japanese labor force and at least buffer the effect of a rapidly aging society on the economy....
I really don’t think Serena Williams needs any sympathy from me, particularly when it comes to talking about earnings, but it still bothers me a bit that she is frequently referred to as one of the ‘highest earning female athletes ever’, rather than just ‘highest...
Of course I like Whole Foods. How can you not? It is like going to a carnival, almost. The cheeses are beautifully displayed with generous samples offered, the prepared food aisles are filled with yummy products you never knew you wanted, the flowers are always...
Want to deal with the problem of income inequality? The answer is not, as many argue, to simply do a Robin Hood steal-from-the-rich-and-give-to-the-poor thing. According to a new study by the International Monetary Fund (IMF) , the best way to deal with inequities is to...
When you hear about the hard times for today’s graduates do you nod sympathetically while secretly rolling your eyes? If you are older than 20something yourself, you may well believe that things have always been tough for new grads, and that no, things are not...
The Organisation for Economic Co-operation and Development (OECD) is out with their new Employment Outlook and – as these things go – it is a fairly upbeat piece in that they do see the big picture improving, particularly in countries like Canada. Beyond the big...
Does the evolution of neighborhoods in London, England have lessons for other cities? It might, which is why I found this article from The Economist so interesting. At issue is the gentrification – or lack of it – in Kentish Town, a neighborhood in north London....
I admit, I have some qualms about the idea of bikes and cars co-existing peacefully together. I live in Toronto, the location of many a pitched battle about what should be built for whom and how much it is worth spending on roads or bike...
Free markets or authors? Book sellers or publishing companies? If you support one player, can you not support another? That seems to be the convoluted case as it is being played out by Amazon.com and the publishing company The Hachette Book Group, and it leaves...
Well, it is not a popular position in the media these days, but yes I am in favour of the Temporary Foreign Workers program. Read my reasons - and they have everything to do with labour supply and keeping the economy functioning - in this...
The news on U.S. personal incomes over the past decade or so has been pretty dismal, and following the recession it has been especially dismal. The one bright spot, however, has been for women who as a gender have somehow managed to move ahead even...
It is kind of an urban myth, if you’ll pardon the pun: there is a story afoot that people are leaving the suburbs and moving back to the cities. I’ve written about the trend myself, but honestly perhaps the best evidence that it is true...
'Financial Repression' or the generational divide over low interest rates. ...
The first chapter of my book Economorphics deals with the closing of the 'demographic window'. Taking things a bit further, in this Commentary piece for the Macdonald Laurier Institute I look at the implication for Canada of a closing window- and how the country can maybe...
Coca Cola's results (NYSE: KO) disappointed...
See my Globe and Mail blog here ...
See my Globe and Mail Economy Lab blog...
See my Globe and Mail Economy Lab post here...
See my Globe and Mail Economy Lab blog.....
I'm self-publishing my new book 'Economorphics' - and I'm happy to be doing it. ...
See my post from the Globe and Mail's Economy Lab here...
See my blog on the Globe and Mail's Economy Lab here...
See my post on today's Globe and Mail Economy Lab...
See my post from today's Globe and Mail Economy Lab here...
Freelancing may be becoming a new norm - and that's okay in an economic sense...
see my post on today's economy lab...
See my post form the Globe and Mail's Economy Lab here...
Not quite the end of the year, but still a good time to take stock of where the jobs were in 2012. See my post on the Globe and Mail's Economy Lab here...
The Bank of Canada makes a rate announcement tomorrow and it is likely to be accompanied by a dovish statement. Se e my blog on Globe and Mail's Economy Lab here...
The world is headed for a slower growth phase thanks to demographics - but good policy can change things ...
There are too many involuntary part time workers in Canada - but it is not clear that that trend is going to change anytime soon....
Canada has the option of a rate cut if the world slows further. ...
More Canadians are working, but are they making more money? ...
Boomers have moved into the cities - but that might not drive city growth forever. ...
Here's an interesting item from on a possible softening of China's one-child policy. Faster population in China will not necessarily be the salvation of that economy, and faster economic growth from China will not necessarily be the salvation of the world economy - but it would at least be a start. Aging population – market time bomb?
Okay, that’s a sensationalistic way to put it, but that’s certainly one of the fears people have about an the shifting demographics in North America. Last time around I looked at how portfolio size tends to trend lower as people go past 65. All things being equal, the older the population gets, the more money that is going to be pulled out of the market. Question is, at what point does the ‘market time bomb’ thing go from sensationalism to reality – or does it?I like offbeat economic indicators - the number of boats or RVs sold, what colors are in the crayon box, etc. etc. A lot of time they tell you what is going on just as well as some of the stuffier stuff (y'know, GDP and all that) that we all track every day. So I was glad to see the U.S. Census Bureau release their survey of 'movers' - people shifting households.
Now that the U.S. economy looks a just a teensy bit better (I know, I know the National Bureau of Economic Research won't say that the recession is over, but still) it's probably okay to start adding up the cost of the crisis. The Pew Research Institute has a new study out that does just that.