Posted by Dan on Sunday, November 18, 2007 at 6:28pm.
If I were writing such an essay, I would first discuss the multitude of ways that technology has lowered transaction costs. I would discuss improvements in speed and reliability. Then I would try to work in something about
Types of labor (jobs) being phased out.
Types of labor (jobs) being phased in.
Capital/labor shifts
Effects on national and international competitiveness
Problems introduced by new ways of doing things.
etc.
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