Kenneth Rogoff
King Ludd is Still Dead
CAMBRIDGE – Since the dawn of the industrial age, a recurrent fear has been that technological change will spawn mass unemployment. Neoclass…
In the last 50 years, globalization, shifting demographic patterns, and technological innovation have redefined labor. Will advanced countries adapt to competition with lower-paid, less protected workers in developing countries, or face chronic unemployment? Will developing-country workers demand better conditions and higher pay?