Russ Roberts recently podcasted an interview with Elizabeth Pape of clothing company Elizabeth Suzann over on EconTalk*. At one point (somewhere around 20 minutes into the conversation), Russ says: This is such a 2017-, 21st-century story. And especially, given your price point and your production model, it's really quite extraordinary that you seem to be … Continue reading New business like it’s 2017
Month: June 2017
Innovation, wages and wealth
To understand one of the interesting questions of the interesting time we live in, James Bessen has done us a great service of applied historical analysis by delving into the historical connection between technological change and employment and wages to shed light on how the technological changes that we're currently seeing might impact employment and wages in the long(er) run.