HR Digest

JULY 28, 2021

More perpetual policies might be necessary to increase wages and support future aggregate demand ensuring workforce fairness. We have learned from history that wages for some occupations can shrink for quite a while during labor force transitions. Organizations will be on the front lines of the workplace as it transitions.

McKinsey 134

McKinsey Aggregate Demand Industry Crisis 134

Harvard Business Review

JANUARY 31, 2018

Human capital investment must be at the center of any strategy for producing skills that are complementary to technology. Though there is still much we don’t know about how this wave of automation will proceed, there are several areas of action we can identify now. Education and training are at the top of the list.

Policies 8

Policies Aggregate Demand Technology Education 8

Harvard Business Review

FEBRUARY 15, 2013

Demand is deficient and you need a strategy to fix that. What I missed in his speech was the strategy for the other 90% of the labor force. But a jobs strategy has to be based on aggregate demand throughout the economy. That can only be solved with stimulating total spending within the economy.

Price 8

Price Aggregate Demand Proposal Policies 8