Learning By Doing - The Real Connection Between Innovation, Wages, And Wealth (PDF)

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James Bessen | 2015 | ISBN: 0300195664 | English | 312 pages | PDF | 2 MB



An important study of the relationship between technology, skills, and economic inequality that answers some of the most pressing economic questions of our time



Today’s great paradox is that we feel the impact of technology everywhere—in our cars, our phones, the supermarket, the doctor’s office—but not in our paychecks. In the past, technological advancements dramatically increased wages, but for three decades now, the median wage has remained stagnant. Machines have taken over much of the work of humans, destroying old jobs while increasing profits for business owners. The threat of ever-widening economic inequality looms, but in Learning by Doing, James Bessen argues that increased inequality is not inevitable.



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