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Technology: Impacts on Labor Markets

Technological development has increased the availability and quality of goods and services, while reducing prices. For some workers, technology brings new opportunities, better working conditions, higher pay and benefits. Many others see that technology has eliminated their jobs and pushed them into subsistence living.


Are we on the cusp of what British economist John Maynard Keynes called technological unemployment, where machines eliminate jobs faster than society creates new employment?

This three session class examines the impact of technology on labor, and offers a framework for anticipating future employment opportunities and wage rates.

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