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Death to Machines?

At the start of the Industrial Revolution, textile workers in the Midlands and the North of England, mainly weavers, staged a spontaneous revolt, smashing machinery and burning factories. Their complaint…

Under-reported underemployment

It was John Maynard Keynes who first argued that economies can get stuck operating below full employment, in an “underemployment equilibrium.” While the idea was revived in support of fiscal…

Why does our service economy offer such bad service?

By Robert Skidelsky and Nan Craig New Statesman Britain is a service economy with a lot of lousy services. The paradox is easily explainable. Service and cost-cutting are contradictions in…

The Rise of the Robots

What impact will automation – the so-called “rise of the robots” – have on wages and employment over the coming decades? Nowadays, this question crops up whenever unemployment rises. In…

The rise of the robots

What impact will automation – the so-called “rise of the robots” – have on wages and employment over the coming decades? Nowadays, this question crops up whenever unemployment rises. In…

Labour’s paradise lost

As people in the developed world wonder how their countries will return to full employment after the Great Recession, it might benefit us to take a look at a visionary…

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