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The Informal Economy |
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| When you pay for a steak at a restaurant, you��셱e supporting the formal economy. Part of the price of your meal pays for taxes, which in turn pay for schools, roads, police and fire protection, and so on. |
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The Growing Mountain |
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| Microsoft made headlines recently when the company surprised analysts and investors by announcing the most generous one-time corporate dividend in history. By paying out $3 per common share, or $32 billion to its shareholders, the company passed along more than half of the $60 billion in cash it had accumulated. |
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Gamers of the World |
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| A new book numbers the new generation that follows the older Xers and the Baby Boomers at 90 million. They represent what we��셶e called the Millennial generation, plus a large proportion of the younger Xers. |
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The Self-Driving Car |
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| Imagine getting into your car and telling the driver to take you to the office, the airport, or the mall. You relax while you��셱e ferried to your destination and dropped at the door. Your car then waits discreetly for your return trip. Not too unusual if you employ a driver or use a limo service. However, that��셲 a little pricey for the mass market. But, imagine that your driver is not a human being but rather an affordable, computerized feature on your vehicle. |
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The Job Shortage Tur |
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| A worker shortage. As recently as early 2003, over two million workers had lost their jobs since the start of the recession in 2001. At 6.2 percent, the national unemployment rate hovered at the highest level it had been in nine years, and the number of new jobless claims lingered above 400,000 for 20 straight weeks. People were screaming about offshoring, downsizing, and a lack of jobs. Little did they realize that they were at the beginning of a new era when skilled workers would be in very short supply and companies would be begging for workers. |
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