[lbo-talk] Jobs going away becomes respectable

Eugene Coyle e.coyle at me.com
Tue Jun 7 06:56:40 PDT 2016

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"Jobs Threatened by Machines: A Once ‘Stupid’ Concern Gains Respect”

Eduardo Porter in NY Times catches up to reality.

http://www.nytimes.com/2016/06/08/business/economy/threatened-by-machines-a-once-stupid-concern-gains-respect.html?emc=edit_tnt_20160607&nlid=9633259&tntemail0=y&_r=0

Larry Summers, bless his heart, makes the elimination of jobs by productivity a respectable view.

Now the fight becomes one between the advocates of a Universal Basic Income and Keynes’ 15 hour week. .

Gene

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