This paper examines the profound challenges that transformative advances in AI towards Artificial General Intelligence (AGI) will pose for economists and economic policymakers. I examine how the Age of AI will revolutionize the basic structure of our economies by diminishing the role of labor,...

This volume assesses the effects of industrial policy at three levels: through the user cost of capital, through the effects of a macroeconomic model on the decisions of an enterprise, and through the effects of a macroeconomic model on the machine tools industry via its major customer...