“A World Without Work” By Daniel Susskind, A Book Review [Forbes]
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Source: Forbes
Technological unemployment and economists The term “technological unemployment” was popularised in the 1930s by the celebrated economist John Maynard Keynes. Fifty years later, another renowned economist called Wassily Leontief warned that jobs for humans might follow the same path that jobs for horses did in the early 20 The latest contribution comes from Daniel Susskind, a member of an unreasonably talented family of lawyers, economists and academics. His economic credentials are strong: previously an adviser at Number 10, he is now a fellow at Balliol College, Oxford. Susskind is on the side of those who think that technological unemployment is very likely to happen in a matter of decades. He does not attempt a watertight proof, but he helps to clarify how economists should think about the issue. Unlike many commentators, Susskind goes beyond diagnosis and into prognosis and prescription. This is commendable, and although I disagree with where he ends up, the journey is important b
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