Many regard the falloff in the creation of high-wage jobs as the inevitable result of advances in artificial intelligence and robotics. It isn’t. Technology can be used either to displace labor or to enhance worker productivity.
CAMBRIDGE – Around the world this May Day, policy proposals that would have appeared radical just a few years ago are now on the agenda. In the United States, for example, high marginal tax rates, wealth taxes, and single-payer health care have become mainstream ideas. Yet unless policymakers get their priorities right, the opportunity for meaningful reform could be squandered, leading to even deeper social and political divisions.
CAMBRIDGE – Around the world this May Day, policy proposals that would have appeared radical just a few years ago are now on the agenda. In the United States, for example, high marginal tax rates, wealth taxes, and single-payer health care have become mainstream ideas. Yet unless policymakers get their priorities right, the opportunity for meaningful reform could be squandered, leading to even deeper social and political divisions.