The Luddites of today don’t necessarily oppose technology per se, but they do worry that labor-saving software and automation will harm lower-income workers. Although “skill-biased technological change” has contributed to a rise in income inequality since the early 1980s, innovations will deliver net benefits to the less affluent so long as the state’s capacity for mischief is constrained.

Economic History and DevelopmentEconomyLabor and EmploymentRegulationScience and Public Policy
Other Independent Review articles by Tom Lehman
Spring 2020 The Forgotten Americans: An Economic Agenda for a Divided Nation