National Commentary
By Paul Krugman of The New York Times
Will robots take away our jobs?People have been asking that question for an astonishingly long time. Regency-era British economist David Ricardo added to the third edition of his classic “Principles of Political Economy,” published in 1821, a chapter titled “On Machinery,” in which he tried to show how the technologies of the early Industrial Revolution could, at least initially, hurt workers. Kurt Vonnegut’s 1952 novel “Player Piano” envisaged a near-future America in which automation has eliminated most employment.At the level of the economy as a whole, the verdict is clear: […]
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