How to Stop Worrying and Love the Robot Apocalypse (Update)

It’s true that robots (and other smart technologies) will kill many jobs. It may also be true that newer collaborative robots (“cobots”) will totally reinvigorate how work gets done. That, at least, is what the economists are telling us. Should we believe them?   SOURCES: David Autor, professor of economics at the Massachusetts Institute of … Read more

Abortion and Crime, Revisited (Update)

With abortion on the Nov. 5 ballot, we look back at Steve Levitt’s controversial research about an unintended consequence of Roe v. Wade.   SOURCES: John Donohue, professor of law at Stanford Law School. Steve Levitt, professor emeritus of economics at the University of Chicago and host of People I (Mostly) Admire. Jessica Wolpaw Reyes, … Read more

608. Cannabis Is Booming, So Why Isn’t Anyone Getting Rich?

There are a lot of reasons, including heavy regulations, high taxes, and competition from illegal weed shops. Most operators are losing money and waiting for Washington to get out of the way. In the meantime, it’s not that easy being green. (Part two of a four-part series.)   SOURCES: Jon Caulkins, professor of operations research … Read more

606. How to Predict the Presidency

Are betting markets more accurate than polls? What kind of chaos would a second Trump term bring? And is U.S. democracy really in danger, or just “sputtering on”? (Part two of a two-part series.)   SOURCES: Eric Posner, professor of law at the University of Chicago Law School. Koleman Strumpf, professor of economics at Wake … Read more

605. What Do People Do All Day?

Sixty percent of the jobs that Americans do today didn’t exist in 1940. What happens as our labor becomes more technical and less physical? And what kinds of jobs will exist in the future?    SOURCES: David Autor, professor of economics at the Massachusetts Institute of Technology. Paula Barmaimon, manager of coverage and audience analytics … Read more