For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Indeed, it is almost universally believed that college diplomas give Americans and Europeans a competitive advantage in the global knowledge wars. Challenging this conventional wisdom, The Global Auction forces us to reconsider our deeply held and mistaken views about how the global economy really works and how to thrive in it. Drawing on cutting-edge research based on a major international study, the authors show that the competition for good, middle-class jobs is now a worldwide competition--an auction for cut-priced brainpower--fueled by an explosion of higher education across the world. They highlight a fundamental power shift in favor of corporate bosses and emerging economies such as China and India, a change that is driving the new global high-skill, low-wage workforce. Fighting for a dwindling supply of good jobs will compel the middle classes to devote more time, money, and effort to set themselves apart in a bare-knuckle competition that will leave many disappointed. The authors urge a new conversation about the kind of society we want to live in and about the kind of global economy that can benefit workers, but without condemning millions in emerging economies to a life of poverty. The Global Auction is a radical rethinking of the ideas that stand at the heart of the American Dream. It offers a timely expos? of the realities of the global struggle for middle class jobs, a competition that threatens the livelihoods of millions of American and European workers and their families.
Challenging this conventional wisdom, 'The Global Auction' forces us to reconsider our deeply held and mistaken views about how the global economy really works and how to thrive in it.
Chinese Contemporary Art in the Global Auction Market charts the rapid emergence of a multi-million-dollar global market for Chinese Contemporary art by revealing the strategic activities of art world agents in promoting the work of ...
Global Auction of Public Assets
The central argument in this book is that new ways of thinking about higher education, the new languages of its title, are needed to understand the role of universities and colleges in contemporary society and culture and the global economy ...
I study the coordination problem of a continuum of agents that compete in an auction on public debt subject to default.
This book provides a comprehensive introduction to modern auction theory and its important new applications.
It’s 2050, and 22-year-old Sasha Cross is about to enter The Auction, where America’s Big 7 companies will bid on Series A candidates — considered to be the best and brightest young minds with the highest earning potential.
Furnishes step-by-step instructions on how one can operate safely and profitably using eBay globally, including how to market to customers in foreign countries and how to make payments to foreign...
An international team of experts covers the pros and cons of different auction formats and lessons learned in the field.
The book is full of insider tips that explain the secrets and strategies of online auctioning, including: research to do before you auction your item; reserve price auctions; escrow services and fees; and global auction situations.