Archive for November, 2011

Race Against the Machine

Over at Free Exchange, I write about the new ebook by Erik Brynjolfsson and Andrew McAfee titled Race Against the Machine. The authors argue that many of America’s recent economic troubles can be ascribed to the enormous rapidity of technological change in information and communication technologies, and that the answer to this challenge lies in investing […]

Paper of the Day

Is here: We study the location and productivity of more than 1,000 research and development (R&D) labs located in the Northeast corridor of the U.S. Using a variety of spatial econometric techniques, we find that these labs are substantially more concentrated in space than the underlying distribution of manufacturing activity. Ripley’s K-function tests over a variety of spatial scales […]