“Services generate about 70% of rich-world GDP” says a recent Economist article, which highlighted the drafting of a new regional trade agreement between Canada and Europe. While this trade treaty, called the Comprehensive Economic and Trade Agreement (CETA), includes many of your boring, old-school tariff and farming talk, it more importantly looks to liberalize the […]
Tag Archives: service
Manufacturing vs. Services: Who gets paid the most?
Similar to the Industrial Revolution and the effects the economic shift had on agricultural employment during the turn of the 20th century, the manufacturing sector continues to lose jobs while simultaneously maintaining its productivity: Like farming, this evolution has been good for consumers: the sectors are more efficient and products are cheaper and more plentiful, […]
