Why give people money?

Automation and AI have pushed down wages in all jobs, even jobs that automation cannot do. While there is no jobs crisis, we do have a good jobs crisis. Despite headline unemployment around 3.8%, there are millions of people working part-time who would rather have full-time jobs. There are millions more who are too discouraged […]

Will jobs be replaced by robots?

Concern: I don’t see it at all. People have been raising this Luddite concern that technology is bad, that machines are going to replace people, for decades and decades, and it keeps not happening. Answer: The economy will fill in economic gaps with new jobs and industries, the way it has in previous times with […]