Wolfgang Müller – BI News

Paul Krugman

Paul Krugman

Paul Krugman discusses in this article the effect of technological development on unemployment for low skills as well as high skills workers. This effect can be seen everywhere in the world and increases inequality. He concludes that the old dogma of education “is no longer the answer to rising inequality“. A “strong social safety net” net is required, which guarantees a minimum income.

Krugman, Paul “Sympathy for the Luddites?New York Times, June 13, 2013