Posts Tagged ‘capital’

  • Robotic milkers increase dairy farm productivity and make cows happy.

    The Robot Milkers That Cows Like

    Apr 24, 14 • 1494 Views • No Comments

    It appears that cows prefer robot milkers. Rather than following a human schedule of pre-dawn mornings and late afternoons, the robots respond to what the cows want. Perhaps 5 or 6 times a day, the cows line up in front of the milker, waiting, as milk cups...  [read more]

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    How Has The Safety Net Affected the Unemployment Rate?

    Feb 5, 13 • 218 Views • No Comments

    University of Chicago economist Casey Mulligan believes that the US unemployment rate has remained high because of many separate public policy changes. Big and small, each one influenced workers, businesses and consumers by creating new incentives. For...  [read more]

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    Who Works the Hardest in the Euro Zone?

    Sep 30, 12 • 298 Views • No Comments

    I just discovered a surprising statistic. In the euro zone, judged by hours per week, the Germans are not nearly the hardest workers. Instead Greece, with an average of 42.1 hours is close to the top of the list. By contrast, for 2011, the average German...  [read more]

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    Productivity Matters

    Jan 3, 11 • 262 Views • No Comments

    Sometimes new technology increases productivity. “Sushi making robots” at Kura, a restaurant chain in Japan, have replaced chefs while conveyer belts take the food to diners. By using less labor and more capital, in a tough economy, the firm is...  [read more]

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    Transportation Matters

    Jun 17, 10 • 205 Views • No Comments

    Reading about India’s inadequate railway system, I thought about the Erie Canal. Currently, massive freight containers that took four or five days to travel from Singapore to Mumbai will then take 28 days to reach New Delhi because trains and tracks are...  [read more]