The Myth of Technological Unemployment

The Myth of Technological Unemployment
Shannon Millard/The Flint Journal-MLive.com via AP

As a savvy reader, you already know that technological change is why the jobs in manufacturing are drifting away from Youngstown, Ohio. You know that most of the drift goes to other American cities, such as Houston or Chattanooga. You know that Appalachian jobs in coal mining are not coming back, because new techniques have permanently cheapened natural gas. You know that the Trump administration's scapegoat, foreign competition, bears little responsibility for any of this. And when foreign encroachment does happen, you know it's good, not bad, for most Americans.

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