Artificial intelligence, the future of work, and inequality

One of the most spectacular facts of the last two centuries of economic history is the exponential growth in GDP per capita in most of the world. Figure 1 shows the rise (and the difference) in living standards for five countries ...

The high price of losing manufacturing jobs: research

The loss of U.S. manufacturing jobs is a topic that can provoke heated arguments about globalization. But what do the cold, hard numbers reveal? How has the rise in foreign manufacturing competition actually affected the ...

Big-box retail work has its benefits

With the rise of the big-box retailer in the past four decades, many are concerned that U.S. middle-class jobs in manufacturing have been replaced by minimum-wage jobs in retail.

Technology gives mixed meaning to labor day celebration

This Labor Day, with unemployment hovering above 9 percent, workers are confronting an enigma. Although there are one-third fewer factory workers than there were only 10 years ago, manufacturing in the United States is thriving.

3D printing to transform the economy, UK report claims

The Government needs a plan for the arrival of 3D printing, to ensure that the UK can reap the full economic benefits of this revolutionary technology and to address risks such as illegal gun production.

To really help U.S. workers, we should invest in robots

America's manufacturing heyday is gone, and so are millions of jobs, lost to modernization. Despite what Treasury Secretary Steven Mnuchin might think, the National Bureau of Economic Research and Silicon Valley executives, ...

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