Ronald Bailey reviews Average Is Over: Powering America Beyond the Age of the Great Stagnation, by George Mason University economist Tyler Cowen. The book explains that the rise and spread of intelligent machines has led to increasing income inequality and anemic job growth. And this dynamic is likely to be permanent. Such is the arresting and depressing thesis of the book, writes Bailey.
Reason's Annual Webathon is underway! Donate today to see your name here.
Reason is supported by: