FT Interview with 2015 Nobel Prize Winner in Economics Angus
Deaton – A Must Read:
“Deaton’s 2013 book
The Great Escape argued that the world we live in today is healthier and
wealthier than it would otherwise have been, thanks to centuries of economic
integration. He sees efforts to blame globalisation for woes in the US Rust
Belt or Britain’s beleaguered industrial areas as a mistake.
“Globalisation for
me seems to be not first-order harm and I find it very hard not to think about
the billion people who have been dragged out of poverty as a result,” he says.
“I don’t think that globalisation is anywhere near the threat that robots are.””
Related:
The Long-Term Jobs
Killer Is Not China. It’s Automation by CLAIRE CAIN MILLER
http://www.nytimes.com/2016/12/21/upshot/the-long-term-jobs-killer-is-not-china-its-automation.html