Tag Archives: robots

Why isn’t 100% Unemployment the Goal for an Advanced Industrial Economy?

Imagine solar-powered robots could do everything needed in an economy with no adverse effects to the environment. If that were possible, then I don’t understand why it would be good to employ people. I have actually wondered for several years … Continue reading
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The carpet, too, is moving under you…

Last week Paul Krugman acknowledged the existence of a global marketplace for work (in which not only employees in different countries compete for wages, but also robots are now increasingly displacing workers). Over the weekend, he posted this: the Fed’s … Continue reading
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Moving Forwards

You are tired of moving forward… There is a sad irony in the ridiculousness of many of the stories that get told. Paul Krugman, asking “Technology or Monopoly Power?” now cites the following: Even so, most Americans still believe that … Continue reading
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