The Economics of the Office: Why Do We Still Commute?

commute economics

Over the last year, many companies have ended their liberal work-from-home policies. Firms like IBM, Honeywell, and Aetna joined a long list of others that have deemed it more profitable to force employees to commute to the city and work in a central office than give them the flexibility to work where they want. It wasn’t supposed to be this way—at least according to Norman Macrae.

 

In 1975, when personal computers were little more than glorified calculators for geeks and the Internet was an obscure project being developed by the United States government, Macrae, an influential journalist for The Economist who earned a reputation for clairvoyant prophesies—including the fall of the Soviet Union and the rise of Japan—made a radical prediction about how information technology would soon transform our lives.

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Posted November 6, 2017 by & filed under Digital Staffing, News.