The Third Industrial Revolution
Abstract: The author examines periods of rapid technological change for coincidences of widening inequality and slowing productivity growth. He contends that while the introduction of technologies offers profits to investors and premiums for skilled workers, in the long run the rising tide of technological change lifts everybody's boat.
File(s): File format is text/html http://www.clevelandfed.org/Research/review/1999/99-q2-greenwood.pdf
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Review
Publication Date: 1999
Issue: Q II