The cost your supermarket shop has not exactly been reduced much by the introduction of automated check-outs – but jobs have been lost as a result (Source: Getty) If there were a betting market in future winners of the Nobel prize in economics, MIT’s Daniel Acemoglu would be at pretty short odds. His highly innovative work has already won him a string of prizes.
So his research is always worth following – especially when he challenges the conventional wisdom, as in his paper in the latest issue of the Journal of Economic Perspectives.
Economists are usually optimistic about the impact of […]
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