Quote

There has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer, but those at the lower end aren't moving ahead as quickly as the capitalists.

Kenneth Rogoff

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Kenneth Rogoff
Age: 71
Born: 1953
Born: March 22
Chess Player
Economist
Professor
University Teacher
Rochester
New York
Kenneth Saul Rogoff
Rich
Wealthy
Getting
Lower
Moving
Factors
Noticeable
Ends
Ahead
Capitalists
Past
Quickly
Richer
Country
Countries
Factor
Years
Labor
Capitalist
Aren
Decline

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Today, chess programs have become so good that even grandmasters sometimes struggle to understand the logic behind some of their moves.
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Why are oil prices so low? First, energy consumption growth rates in developing markets have decreased. This is particularly noticeable in China. Second, new technologies are being developed and the shale gas revolution in the USA has taken place
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... far more people make a living as professional chess players today than ever before. Thanks partly to the availability of computer programs and online matches, there has been a mini-boom in chess interest among young people in many countries.
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