Economy

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    Book Review: Fiber: The Coming Tech Revolution – And Why America Might Miss It by Susan Crawford

Book Review: Fiber: The Coming Tech Revolution – And Why America Might Miss It by Susan Crawford

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In Fiber: The Coming Tech Revolution – And Why America Might Miss It, Susan Crawford explores how the political machinations of large corporations in the US have reduced the impetus to invest in fibre infrastructure, with a potentially detrimental effect not only on US competitiveness and innovation, but also on public health, education and community access to resources. This is a […]

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    Industrial robots are bringing jobs back home, but not for low-skilled workers

Industrial robots are bringing jobs back home, but not for low-skilled workers

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The movement benefits professional, high-skilled workers, increasing the wage gap and inequality, write Astrid Krenz, Klaus Prettner and Holger Strulik.

An immense rise in automation by means of industrial robots has taken place. Figures from the International Federation of Robotics reveal that while automation was almost an unkown phenomenon in the 1970s, with fewer than 3000 industrial robots installed worldwide, […]

Don’t fall into the AI doomsday trap

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We need to shift our perceptions of artificial intelligence from an autonomous source of knowledge to that of a simple, even dumb, computational assistant, write Mark Esposito and Terence Tse.

If you’re one of the many who see a dark future where the honest working man is replaced by mindless structures of automated metal, where technology has become so advanced […]

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    Low-wage workers experience more volatility in hours worked, but increased worker power can help to narrow the gap

Low-wage workers experience more volatility in hours worked, but increased worker power can help to narrow the gap

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With the rise of the “gig economy”, many workers now face uncertain schedules with large differences in their hours from week to week. In new research based on survey data, Joe LaBriola and Daniel Schneider find that the lowest waged workers experience 25 percent more volatility in the hours that they work compared to those on higher wages. They […]

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    The United States has actually been moving backward on integrating its workplaces

The United States has actually been moving backward on integrating its workplaces

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Despite progress in the 1960s and 1970s, the desegregation of US employment has largely ground to a halt. In new research, John-Paul Ferguson finds that, in addition, individual workplaces have actually become more segregated over the past three decades. They comment that until now, workplace segregation has been little-studied; their results show that society has made less progress in […]

When employees are ideological misfits

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Both conservative and liberal misfits report being marginalised, but they react differently, writes Sekou Bermiss.

There have been many recent examples when personal politics has collided with professional workspaces. In November of 2016, Geoff Lewis, a partner at Founders Fund (a venture capital firm founded by Peter Thiel), penned a blistering critique of reality TV culture and the rise of […]

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    Marriage equality boosted employment of both partners in US gay and lesbian couples

Marriage equality boosted employment of both partners in US gay and lesbian couples

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New laws sent a signal that social norms have changed and discrimination is no longer tolerated, writes Dario Sansone.

Progress towards marriage equality within the U.S. has been extremely rapid in the last twenty years. In 2004, Massachusetts became the first state to legalise same-sex marriage. Following its example, more and more states approved marriage equality until the ruling in […]

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    The rising importance of software and information technology as drivers of R&D and innovation

The rising importance of software and information technology as drivers of R&D and innovation

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The shortage in software/IT workers drove US firms to countries with an abundant supply of tech talent, like China, India and Israel, write Lee Branstetter, Britta Glennon and J. Bradford Jensen.

The globalisation of research and development (R&D) has long lagged far behind the globalisation of production, but since the late 1990s, the distribution of US multinational R&D investment across […]

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    Book Review: Transformations of Trade Unionism: Comparative and Transnational Perspectives on Workers Organizing in Europe and the United States, Eighteenth to Twenty-First Centuries by Ad Knotter

Book Review: Transformations of Trade Unionism: Comparative and Transnational Perspectives on Workers Organizing in Europe and the United States, Eighteenth to Twenty-First Centuries by Ad Knotter

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In Transformations of Trade Unionism: Comparative and Transnational Perspectives on Workers Organizing in Europe and the United States, Eighteenth to Twenty-First Centuries, available to download here for free, Ad Knotter offers a historical analysis of the development of the labour movement in European countries and in the United States from the eighteenth century up to the present day. This detailed, well-written […]

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    In a world of mobility for firms and skilled labor, workers who can’t move pick up the tax bill

In a world of mobility for firms and skilled labor, workers who can’t move pick up the tax bill

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The trend is likely to continue as the mobility of large firms and high-income workers continues to rise, write Peter Egger, Sergey Nigai and Nora Strecker.

For a long time, economists have known that rising globalisation can bring substantial aggregate gains, but also produce winners and losers. The source of this growing inequality may be heterogeneous effects on employment, wages, […]

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