Will smart machines replace humans like the internal combustion engine replaced horses? If so, can putting people out of work, or at least out of good work, also put the economy out of business? Our model says yes. Under the right conditions, more supply produces, over time, less demand as the...

Italy has been one of the first countries in the world to enact ad hoc regulations on drones. Therefore, the Italian approach may constitute a model for many regulations to come; nonetheless, the legal literature seems to overlook the phenomenon. In this article, I place the discourse on drones...

Preface and Acknowledgements1 An Overview2 Robots and their Economic Significance3 The impact of Robotization on Production Processes and its Rudimentary Economic Implications 4 Machine Learning and the Economy5 Robotization, the Economy and the Labour Market: A Look at Theoretical and Empirical...