Economics and International Affairs Blog
A politically independent blog by Vivekanand Jayakumar
Friday, May 19, 2023
Skilled Worker Shortage May Limit Semiconductor Boom
America’s Semiconductor Boom Faces a Challenge: Not Enough Workers
https://www.nytimes.com/2023/05/19/us/politics/semiconductor-worker-shortage.html
Krugman on Prospects for a Soft Landing
Here’s How We’ll Know the U.S. Economy Is Headed for a ‘Soft Landing’
https://www.nytimes.com/interactive/2023/05/18/opinion/jobs-inflation-economy.html
Related:
https://www.scmp.com/comment/opinion/article/3221000/us-economy-slowdown-consumption-may-not-be-only-recession-factor-watch
Thursday, May 18, 2023
The Immigration Debate in the US and UK
The Immigration Debate in UK
Why the panic over rising immigration? The post-Brexit system is working
https://www.theguardian.com/commentisfree/2023/may/23/panic-immigration-brexit-wages-uk-economy
American and British voters are being failed by the same big immigration lie
https://www.telegraph.co.uk/news/2023/05/19/american-and-british-voters-are-being-failed-by-the-same-bi/
Sunak and Braverman must look beyond borders to resolve net immigration row
https://www.theguardian.com/uk-news/2023/may/19/rishi-sunak-and-suella-braverman-must-look-beyond-borders-to-resolve-net-immigration-row
The myths around immigration
https://www.spectator.co.uk/article/the-myths-around-immigration/
Migration nation: Brexit has meant more immigration than ever
https://www.spectator.co.uk/article/migration-nation-brexit-has-meant-more-immigration-than-ever/
The US Debate
As Crisis Grows, All of New York’s Migrant Plans Are Met with Outrage
https://www.nytimes.com/2023/05/18/nyregion/migrant-housing-shelters-nyc.html
What Everyone—Except the U.S.—Has Learned About Immigration
https://www.wsj.com/articles/the-worlds-biggest-economies-cautiously-open-their-doors-to-more-foreign-workers-664c3549
To Compete with China on Tech, America Needs to Fix Its Immigration System
https://www.foreignaffairs.com/united-states/eric-schmidt-compete-china-tech-america-needs-fix-its-immigration-system
Why Skills-Based Immigration Is the Best Option for America
https://foreignpolicy.com/2022/09/18/why-skills-based-immigration-is-the-best-option-for-america/
Related:
https://vivekjayakumar.blogspot.com/2020/01/selectivity-and-immigrant-success.html
https://vivekjayakumar.blogspot.com/2022/10/the-case-for-selective-immigration.html
Chinese Rethink Value of College Education
Chinese Graduates Are Asking Where All the Good Jobs Went
https://foreignpolicy.com/2023/05/17/china-youth-unemployment-economy-kong-yiji/
Record youth unemployment is causing a rethink of education’s value.
Related:
My take (from Jan 2022):
Is the US higher education bubble about to burst?
https://thehill.com/opinion/education/590971-will-the-us-higher-education-bubble-finally-burst/
There appears to be a growing skill-mismatch between the degrees pursued by students and those actually sought by employers.
Stock Market Investing
Want to Beat the Stock Market? Avoid the Cost of ‘Being Human’
https://www.wsj.com/articles/active-vs-passive-index-fund-beat-the-stock-market-58e8bd83
Professional fund managers labor under handicaps that individual investors don’t face. Make sure you manage your portfolio differently than they do.
Urban Development – Lessons from Calgary
The model city for transforming downtowns? It’s in Canada.
https://www.washingtonpost.com/opinions/2023/05/18/calgary-downtown-revitalization-plan/
Related:
NYC Skyscrapers Sit Vacant, Exposing Risk City Never Predicted
https://www.bloomberg.com/news/articles/2023-05-18/nyc-skyscrapers-sit-vacant-exposing-risk-city-never-predicted
African-Americans Benefit from the Tight Labor Market
Job Prospects for Black Workers Have Never Been Better—In Ways That Might Last
https://www.wsj.com/articles/black-unemployment-rate-job-market-ebd93614
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