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Distilling Economic Literature

Tag: Luddite

Macroeconomics

More Robots Mean More Riots?

Dr. Ellen Clardy, September 18, 2020August 10, 2023

A Discussion of “Rage Against the Machines: Labor-Saving Technology and Unrest in Industrializing England” “Machines are going to take all the jobs,” is a sentiment I hear and read often. As an economist, I know this is not true. There will be disruption. Some jobs will be lost. Some jobs…

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