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Elizabeth Merritt

Economists Pin More Blame on Tech for Rising Inequality - The New York Times - 1 views

  • Half or more of the increasing gap in wages among American workers over the last 40 years is attributable to the automation of tasks formerly done by human workers, especially men without college degrees, according to some of his recent research.
  • tax changes to pursue “labor-friendly innovations.”
  • the technological shift evolved as growth in postsecondary education slowed and companies began spending less on training their workers. “When technology, education and training move together, you get shared prosperity,” said Lawrence Katz, a labor economist at Harvard. “Otherwise, you don’t.”
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