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Leading economists from Paul Samuelson to Paul Krugman have labored to allay the fear that technological advances may reduce overall employment, causing mass unemployment as workers are displaced by machines. This ‘lump of labor fallacy’ - positing that there is a fixed amount of work to be...
Persistent link: https://www.econbiz.de/10014179978
2007 by exploiting industry shocks to import competition stemming from China's spectacular rise as a manufacturing exporter …
Persistent link: https://www.econbiz.de/10013045347
a prime contributor to the slump. We estimate that import competition from China, which surged after 2000, was a major …
Persistent link: https://www.econbiz.de/10013021701