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Automation and Its Macroeconomic Consequences: Theory, Evidence, and Social Impacts

Automation and Its Macroeconomic Consequences: Theory, Evidence, and Social Impacts

Paperback

Business GeneralEconomics

ISBN10: 0128180285
ISBN13: 9780128180280
Publisher: Academic Press
Published: Jun 17 2020
Pages: 248
Weight: 0.75
Height: 0.53 Width: 6.00 Depth: 9.00
Language: English
Automation and Its Macroeconomic Consequences reveals new ways to understand the economic characteristics of our increasing dependence on machines. Illuminating technical and social elements, it describes economic policies that could counteract negative income distribution consequences of automation without hampering the adoption of new technologies. Arguing that modern automation cannot be compared to the Industrial Revolution, it considers consequences of automation such as spatial patterns, urbanization, and regional concerns. In touching upon labor, growth, demographic, and policy, Automation and its Macroeconomic Consequences stands at the intersection of technology and economics, offering a comprehensive portrait illustrated by empirical observations and examples.

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