The internet has undoubtedly revolutionized the way we live and think. Most importantly, it has transformed the communication and information technologies, ease of doing business, education and advanced them to an unprecedented level of excellence and performance. Having said this, the very instrumental tool that has been the powerful driver of global economic growth is now being used by ...

  Sara Hsu SPECIAL TO EMIRATES BUSINESS Foxconn, the Taiwanese technology-assembly company infamous several years ago for its spate of worker suicides, has replaced more than half its Kunshan, China workforce with robots. While this reduces Foxconn’s labour costs and H-R headaches, it also pushes down employment for migrant workers, and does not bode well for ongoing changes in China’s ...

  The just-published book “Concrete Economics,” by University of California-Berkeley professors Brad DeLong and Stephen S. Cohen, needs an expanded sequel — 900 pages long, with charts, data, theory and an exhaustive list of historical case studies. That book would become the Bible of the New Industrialist movement that is just beginning to grope its way out of the ashes ...