Higher Order Labor

As demonstrated in this example of mechanization:

I’m in Chicago at my Mom’s place for Christmas, and over dinner last night we were talking about Race Against the Machine and the steady pace of automation (because what else do I talk about these days?). She and her husband Gene told me that the Walgreens . . . → Read More: Higher Order Labor

A Weakness in the "Small Batch" Manufacturing Paradigm?

I’m a huge fan of the changes described in Kevin Carson’s The Homebrew Industrial Revolution: A Low-Overhead Manifesto.

I love the fact that technology is enabling things like the re-localization of manufacture and a “small batch” ethos that lets people get something a lot closer to what they want instead of just having to . . . → Read More: A Weakness in the Small Batch Manufacturing Paradigm?

More Pittsburgh real estate trends

Lest we forget some of the bigger stories in all of this. The other day I played with the housing data  for the trends across metro areas since 1991.  I have renormalized the data to show changes over just the last 5 years.  Just fun with numbers, but this is what you get:

So we can . . . → Read More: More Pittsburgh real estate trends

Economic Events on January 3, 2012

At 10:00 AM Eastern time, the Construction Spending report for November will be released, and the consensus is that there was an increase of 0.5% in spending compared to the previous month.

Also at 10:00 AM Eastern time, the ISM manufacturing index for October will be released.  The consensus estimate is that it increased . . . → Read More: Economic Events on January 3, 2012