Labor

The Rise of China and the Future of WorkArtificial intelligence could replace routine jobs but allow us to “pursue dreams”

William Lazonick has shown how the doctrine of “shareholder value” has hurt wages in the United States. But in Latin America, where family corporations dominate, the story is more complicated.

Artificial intelligence (AI) is poised to replace routine jobs, says Dr. Kai-Fu Lee. But done right, that process could allow us to “pursue dreams, spend time with our loved ones and find out why we exist as humans”

Economists who dismiss inequality as a problem secondary to poverty miss the point: Inequality is part of what drives poverty

“We don’t look after each other at all,” says Jeffrey Sachs on America today

Getting published in a top five economics journal is a near-requirement for tenure. But it’s a poor measure of research quality within a system that punishes creativity.

This paper examines the relationship between placement of publications in Top Five (T5) journals and receipt of tenure in academic economics departments.

In Europe and the United States, stock-based compensation discourages long-term corporate sustainability

When a small group of companies can dominate a labor market, wages—and workers—suffer

To understand labor productivity—and growing inequality—you have to look at the “dual economy”

“Dualism” in the structure of production across sectors of the US economy, employment by sector, productivity levels and growth, real wages, and intersectoral terms-of trade increased markedly between 1990 and 2016.

A new report examines the path to global social progress. Unfortunately, there are no easy answers

Gay men earn 20% less than straight men, but gay women earn up to 20% more than straight women. Why?

13 million people looking for living wage work is not a “full employment” economy

When politics is defined in terms of “populism” vs. “the mainstream,” the possibility for real economic reform is diminished.