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Does The U.S. Have A Labor Shortage?

Near record unemployment rates and an increase in help wanted signs would suggest that there is a labor shortage.  If this is the case, we should be seeing the signs of a tight labor market, with wage growth and inflationary pressures.  Surprisingly, wage growth has been modest and inflation has been relatively benign. What is […]

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Survival of the Fittest (Cheapest?)

According to Wikipedia, survival of the fittest is a phrase that originated from Darwin’s evolutionary theory as a way of describing the mechanism of natural selection. In the corporate world, perhaps an appropriate corollary would be, survival of the lowest costs, and the probable fate of high cost producers as an industry develops excess capacity. […]

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Clean Air is Complicated

Reuters recently reported that India’s coal-fired power generation capacity is expected to rise by 22.4% in three years, based on comments by India’s federal power ministry’s chief engineer. India, the third largest emitter of greenhouse gases, saw annual coal demand increase 9.1%, to nearly 1 billion tonnes, in the year ended March 2019.  Coal demand […]

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English: The World’s Second Language

Purely on the basis of anecdotal, personal experience, it appears that English is increasingly becoming the world’s second language.  As of 2019, there are 55 sovereign states and 27 non-sovereign entities where English is the official language.  More important to business and leisure travelers, even in countries where English has no official status, there seems […]

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