My sumptuous wall by anissa juarez https://padlet.com/anissa_juarez/5v4mbyjl82e5 Made with a wish on a star en-us 2017-10-09 02:02:44 UTC 2026-01-01 01:55:06 UTC hello@padlet.com Post #1 (10/11/2017) - "Don't Blame the Robots" anissa_juarez https://padlet.com/anissa_juarez/5v4mbyjl82e5/wish/196214366 https://www.foreignaffairs.com/articles/united-states/2017-08-30/dont-blame-robots
Gates proposed the idea of taxing machines that are taking labor workers jobs because countries are facing wage stagnation. Economists do not see how this can be measured into the GDP because by taxing robots one can not keep track on which one's to tax since machines can reduce and increase the demand for labor.

This article reminds me of Friedman and Beyond the GDP readings because technology today has no limits and it is at it’s highest peak. Beyond the GDP comes to mind as well because intangibles are not measured in the GDP.  With the rise of technology  new ways of measuring the GDP should come about in the near future. 


]]> 2017-10-11 20:27:00 UTC https://padlet.com/anissa_juarez/5v4mbyjl82e5/wish/196214366 Post #2 (10/11/2017) - "Calichina Dreaming" anissa_juarez https://padlet.com/anissa_juarez/5v4mbyjl82e5/wish/196220227 https://www.foreignaffairs.com/articles/china/2017-09-12/calichina-dreaming
The new I-phone is causing economies around the world to boom because people depend on  them, creating a high demand. A new economy is rising called the i-economy due to connecting people all around the world by giving infinite access to the digital world. 

This article is relevant to “It’s a Flat World After All” because technology is taking over the world at a fast rate and it's being introduced  as a competition, leaving no room for people to rest. This article shows that the world is now centered around its access to technology that without it the economy would not be what it is today.

]]> 2017-10-11 20:54:34 UTC https://padlet.com/anissa_juarez/5v4mbyjl82e5/wish/196220227 Post #3 (10/11/2017) - "Making Government Smarter" anissa_juarez https://padlet.com/anissa_juarez/5v4mbyjl82e5/wish/196225862 https://www.foreignaffairs.com/articles/bangladesh/2017-08-15/making-government-smarter
Many believe the government should promote the general welfare of the people and know it can be done but many factors come into play before policies are created. Markets and politics highly affect the general welfare of the people because they are focused on the economy on a macro-level. The U.S looks at other countries on how they can make positive changes for the general public. 

This article reminds me of the Human Development Index because the UN focuses on their people’s well-being and functions in society. The UN says the US should focus on living standards, education, health, and have goals to meet for the general welfare.

]]> 2017-10-11 21:20:06 UTC https://padlet.com/anissa_juarez/5v4mbyjl82e5/wish/196225862 Post #4 (10/11/2017) "The next financial crisis may be triggered by central banks" anissa_juarez https://padlet.com/anissa_juarez/5v4mbyjl82e5/wish/196230356 https://www.economist.com/news/finance-and-economics/21729750-process-withdrawing-monetary-stimulus-fraught-danger-next
Deutsch’s research explains how  debt is rising as a proportion of GDP in developed countries because they continue to borrow from Central Banks and often don't pay back the loans, making them not want to lend the money. In the mean time central banks are keeping interest rates low. 

This article reminds me of the series of crisis in the 1970’s, central banks, IMF, and the Bretton Woods System because they all have affected previous crisis within the economy.  Now countries are free to choose which type of exchange arrangement they want which can be why a financial crisis is on the rise.

]]> 2017-10-11 21:41:35 UTC https://padlet.com/anissa_juarez/5v4mbyjl82e5/wish/196230356 Post #5 (10/11/2017) "Nordic payments firms have become acquisition targets" anissa_juarez https://padlet.com/anissa_juarez/5v4mbyjl82e5/wish/196237980 https://www.economist.com/news/finance-and-economics/21729794-globally-industry-consolidating-fast-nordic-payments-firms-have-become
Payment firms are going global meaning that more countries are moving toward e-payments to make purchases. Two-Nordic e-payments announced that they will be acquired by foreign companies that are globalizing their markets and selling their product creating competition across the globe.

This article is closely related to Foreign Direct Investment and the topic of Globalization because FDI is when a firm has assets in another country to make profit for growth and expansion. Globalization comes to mind as well because with FDI the expansion of these e-payment firms stretches the wellbeing of the economy on a macro-level.



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