A practical example of last week’s arguments – the potential economic and political impact of driverless cars.
A summary of a recent paper by Adair Turner on the impact of automation on unemployment and the economy in general, and the implications for social cohesion.
A demonstration that mainstream, free market economics actually has no coherent answer to what happens to surplus labour as productivity rises.
A real example of what happens when you allow an industry to decline in the name of productivity – South Wales coal-mining.
Does rising productivity cause unemployment? (Sometimes yes.)
How do we distribute what we can produce? And does the distribution of wealth itself impact productivity?