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About this product
- DescriptionAn important study of the relationship between techlogy, skills, and ecomic inequality that answers some of the most pressing ecomic questions of our time Today's great paradox is that we feel the impact of techlogy everywhere-in our cars, our phones, the supermarket, the doctor's office-but t in our paychecks. In the past, techlogical advancements dramatically increased wages, but for three decades w, the median wage has remained stagnant. Machines have taken over much of the work of humans, destroying old jobs while increasing profits for business owners. The threat of ever-widening ecomic inequality looms, but in Learning by Doing, James Bessen argues that increased inequality is t inevitable. Workers can benefit by acquiring the kwledge and skills necessary to implement rapidly evolving techlogies; unfortunately, this can take years, even decades. Technical kwledge is mostly unstandardized and difficult to acquire, learned through job experience rather than in the classroom. As Bessen explains, the right policies are necessary to provide strong incentives for learning on the job. Politically influential interests have moved policy in the wrong direction recently. Based on ecomic history as well as analysis of today's labor markets, his book shows a way to restore broadly shared prosperity.
- Author BiographyJames Bessen, an economist, is a lecturer at Boston University Law School. He was founder and CEO of a software company that developed the first desktop publishing program.
- Author(s)James Bessen
- PublisherYale University Press
- Date of Publication02/06/2015
- SubjectEconomics: Professional & General
- Place of PublicationNew Haven
- Country of PublicationUnited States
- ImprintYale University Press
- Content Note8 b-w illus.
- Weight630 g
- Width155 mm
- Height234 mm
- Spine26 mm
- Format DetailsCloth over boards
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