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In 1966, the philosopher Michael Polanyi observed, "We can know more than we can tell... The skill of a driver cannot be replaced by a thorough schooling in the theory of the motorcar; the knowledge I have of my own body differs altogether from the knowledge of its physiology." Polanyi's...
Persistent link: https://www.econbiz.de/10012458183
harmonized cross-country and industry data, where we measure automation as industry-level movements in total factor productivity … (TFP) that are common across countries. We find that automation displaces employment and reduces labor's share of value …
Persistent link: https://www.econbiz.de/10012452850