The Price of Information

The Price of Information

Mini Teaser: Many economists, business analysts and especially people in the communications industries are in a state of euphoria about globalization.

by Author(s): Eric Jones

The serious social problem is structural (rather than cyclical) unemployment, but the fundamental paradox is that it is being accompanied by voluntary withdrawal from work by youths who actually possess or could acquire modern skills. Their "physical and psychological flight from modern employment," as Denis Pym calls it, damages the stock of social capital; more and more people abandon

Essay Types: Essay