WSJ: How Cashews Explain Globalization

This profile by Bill Spindle and Vibhuti Agarwal appeared in the Wall Street Journal this morning (Friday, December 1st, 2017). They examine the history of the international trade in cashews, starting with large farms in Kollam, Kerala, India employing vast hordes of low-cost workers in the late 1920s, and continuing to the present, where automated factories in…

Fear: No more jobs?

I’ve been meaning to write a post about the future of work.  Several young people have expressed concern that increasing automation — especially from software and robots — will mean that there will not be jobs for millions of Americans in the future.  I’ve pointed out that 95% of the US workforce in the late…