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We examine the concerns that new technologies will render labor redundant in a framework in which tasks previously performed by labor can be automated and new versions of existing tasks, in which labor has a comparative advantage, can be created. In a static version where capital is fixed and...
Persistent link: https://www.econbiz.de/10011573063
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We examine the concerns that new technologies will render labor redundant in a framework in which tasks previously performed by labor can be automated and new versions of existing tasks, in which labor has a comparative advantage, can be created. In a static version where capital is fixed and...
Persistent link: https://www.econbiz.de/10012456424
We examine the concerns that new technologies will render labor redundant in a framework in which tasks previously performed by labor can be automated and new versions of existing tasks, in which labor has a comparative advantage, can be created. In a static version where capital is fixed and...
Persistent link: https://www.econbiz.de/10012992141
Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … "cutthroat capitalism" that generates greater inequality and more innovation and will become the technology leaders, while others …, those with cuddly reward structures, though poorer, may have higher welfare than cutthroat capitalists; but in the world …
Persistent link: https://www.econbiz.de/10013099537
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Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … "cutthroat capitalism" that generates greater inequality and more innovation and will become the technology leaders, while others …, those with cuddly reward structures, though poorer, may have higher welfare than cutthroat capitalists; but in the world …
Persistent link: https://www.econbiz.de/10012460215