Nobel prize-winner Joseph Stiglitz is the world’s foremost critic of economic and political inequality. He thinks the lessons of the global crash are being ignored, and he’s not much taken with the UK’s recovery either…
Ladies and gentlemen of the Board of Mayor and Aldermen, the Council and the Council Registry, In front of you is the Policy Proposal for a Minimal Requirements Welfare system Minimizing rules for benefit recipients within a saturated labor market Introduction "More than 6.5 billion euro. That m
A company in South China’s Guangdong province is building the city’s first zero-labor factory. It’s an effort to address worker shortages and rising labor costs, but the rise of semi-autonomous “smart factories” could be a sign of things to come, in China and elsewhere.
More than three-quarters of the world's workforce have insecure, part-time, temporary or otherwise unstable jobs, according to the International Labour Organization (ILO), and the UN agency notes that's hurting the global economy.
Economist Andrew McAfee suggests that, yes, probably, droids will take our jobs -- or at least the kinds of jobs we know now. In this far-seeing talk, he thinks through what future jobs might look like, and how to educate coming generations to hold them.
Martin Ford has seen the future, and it doesn’t work. To be more precise, it generates wealth while obliterating demand for work. “Go West, young man”, was the career advice of the 19th century. Today’s equivalent is “get an engineering degree”.
Not that Paul Krugman is directly arguing for a universal basic income here but it's a possible solution to the point that he's making. And, I would argue, a good solution to the point that he's making. And I, as usual, think that a universal basic income is a good [...]
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