Archive for the ‘Economic Growth’ Category

Before you blame the robots, look to the policy (and the data)

February 21st, 2017

This very incisive bit of work from the NYT editorial page makes two critical points: The data do not support the claim that there’s been an acceleration in labor-replacing technology displacing US workers. To the contrary, measures of capital investment and especially and most persuasively, productivity growth, have slowed, trends that point in the opposite… Read more