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Learning by Doing: The Real Connection between Innovation, Wages, and Wealth


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#285984 in eBooks 2015-04-28 2015-04-01File Name: B00VEHAFAI2 of 2 people found the following review helpful. An important "read"By smitkaA very good book, which reflects a sophisticated view of technology [not "blueprints"]. Because technology and innovation are realized, in productivity terms, by groups of people adapting organizations, and because "technology" is embedded in people's ability to do things (including making and improving products and services), learning-by-doing is central. Lots of examples, the ones new to me drawing from the author's"Mr. Bessen sets out to refute the arguments of . . . techno-pessimists, relying on economic analysis and on a fresh reading of history."mdash;Tamar Jacoby, The Wall Street JournalTechnology is constantly changing our world, leading to more efficient production. In the past, technological advancements dramatically increased wages, but during the last three decades, the median wage has remained stagnant. Many of todayrsquo;s machines have taken over the work of humans, destroying old jobs while increasing profits for business owners and raising the possibility of ever-widening economic inequality. nbsp; Author James Bessen argues that avoiding this fate will require unique...

You easily download any file type for your device.Learning by Doing: The Real Connection between Innovation, Wages, and Wealth   |  . A good, fresh read, highly recommended.

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