James Bessen

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

James Bessen

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

Today’s great paradox is that we feel the impact of technology everywhere—in our cars, our phones, the supermarket, the doctor’s office—but not in our paychecks. In the past, technological advancements dramatically increased wages, but for three decades now, the median wage has remained stagnant. Machines have taken over much of the work of humans, destroying old jobs while increasing profits for business owners. The threat of ever-widening economic inequality looms, but in Learning by Doing, James Bessen argues that increased inequality is not inevitable.

James Bessen

James Bessen is an economist who has been a Lecturer at Boston University School of Law since 2004, and was previously a software developer and CEO of a software company. Bessen was also a Fellow at the Berkman Center for Internet and Society.