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Shovel Ready Meets NIMBY

It is generally accepted that the U.S. has a significant infrastructure problem.  Addressing this problem has the potential to provide a significant number of jobs and be an important part of an economic recovery.  Politicians on both sides of the aisle have periodically called for supporting infrastructure projects, particularly those that are “shovel ready”.  Investopedia […]

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When They Make It, Will We Take It

It is clear that the world is racing to develop coronavirus vaccines.  While pinpointing a date is speculative, it is likely that substantial progress, and perhaps FDA approval, will come during the first half of 2021, with widespread availability before the end of 2021.  The big unknown is, to what extent people will step up […]

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Herd Immunity

As the world struggles to identify potential solutions to Covid-19, herd immunity appears to be the most promising opportunity to mitigate some of the worst effects of the pandemic.  According to Wikipedia, “herd immunity is a form of indirect protection from infectious disease that occurs when a large percentage of a population has become immune […]

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Understanding Financial Modeling

Financial modeling has long been used by financial analysts and corporate executives in an effort to organize historical data in a manner that can be helpful in projecting possible outcomes for future events.  Models are also used as a method of assessing the impact of recent events on potential developments in the future.  Models relating […]

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Cobots

Cobots are robots intended for direct human/robotic interaction within a shared space, or where humans and robots are in close proximity.  According to Wikipedia, cobots were invented in 1996 and have been successfully deployed to support human activities, in contrast to robots that typically work separately from humans.  Their 1997 U.S. patent entitled “Cobots” describes […]

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Productivity: The Key To Economic Growth

Productivity describes various measures of the efficiency of production.  There are many different definitions of productivity.  Perhaps the most common, and probably the easiest to understand, is an aggregate labor productivity measure, such as GDP per worker.  In other words, how much economic benefit is derived from the contribution of each worker. In order for […]

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