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Coming from Encounter Books in November 2018: Pre-Order Now

“A brilliant book. And among the most important I've ever read."

― J.D. Vance, author of Hillbilly Elegy

“No one has better articulated the conservative argument for why work matters . . ."

― Mitt Romney

“The essential policy book for our time . . . A must-read.”

― Yuval Levin, editor of National Affairs

“. . . an unflinching indictment of the mistakes that Washington has made for a generation . . .”

― Senator Marco Rubio (R-FL)

“. . . welcome common ground for policy debates across partisan and ideological lines . . .”

― William A. Galston, Senior Fellow, The Brookings Institution

Publication: Format: Topic:
Political Economics and the New Labor Market

There's a real problem with the argument that people don't understand how good things are. If the economic data are saying that things are wonderful and people in the country are saying things are not, we need to ask what the economic data is missing.

tags: 2016 Election, Basic Income, Education, Labor Market, Safety Net, Technology, Trade, Unemployment

Reckoning with the Robots

This question of replacement versus augmentation is central to the future of work because of its implications for not only the predicted rate of change, but also the continued relevance of less-skilled workers. If firms need workers to make new technology function, then they can deploy it only as fast as they can train workers to use it. Firms thus remain constrained in their process improvements—automation included—by the supply of labor that actually exists and its ability to absorb change. That constraint may help to explain why productivity growth has been stalling, not accelerating.

tags: Labor Market, Technology

Is Technology Destroying the Labor Market?

If automation were rendering workers obsolete, we would see evidence in rising productivity, major capital investments, and a shift in the ratio of production workers to managerial workers. None of these things has occurred. If technology could render workers obsolete, the radical advancements of past generations should have done it. They did not. If this time is different, we should find evidence that a large share of current workers are uniquely vulnerable to the particular set of technologies on the horizon. We do not.

tags: Labor Market, Technology, Trade

Some Multimedia

CSPAN Washington Journal, 8/1/18
On the future of work

Wall Street Journal, 3/17/18
On universal basic income

Evidence Squared (1 and 2), June 2017
On climate communication

WNYC w/ Brian Lehrer, 3/9/17
On replacing Obamacare

Harvard Kennedy School, 2/22/17
On the future of conservatism

Matter of Fact, 1/22/17
On the Trump administration

WNYC w/ Brian Lehrer, 10/28/16
On the 2016 election (second hour)

National Review Institute, 10/17/16
On the wisdom of free trade

Senate Energy Comm, 4/26/16
On oil & gas development

CSPAN Washington Journal, 11/29/15
On the Paris climate negotiations

NPR On Point, 8/4/15
On the Clean Power Plan (second half)