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Matt Beane

by   -   April 13, 2013

Recent economic trends are perplexing. Corporate profits are up. Productivity is up. Jobs and pay for the average worker have crashed, and are recovering slower than in any other decade on record. Many explanations for this paradox center on the role of technology: with the help of rapidly-advancing technologies (particularly information technologies), workers can produce that much more in output with that much less in input.



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