Wednesday, September 25, 2019

Review of David Blanchflower's book "Not Working: Where Have All the Good Jobs Gone?"

David Blanchflower's Not Working is about many things-too many, in fact.

Blanchflower mines an impressive array of measures-first in the U.S., then in the U.K. and the EU-to document how poor employment prospects have demoralized many working men and women.

Blanchflower hardly mentions technology, an odd omission in any book on labor markets, especially when fears of artificial intelligence and robotics run high.

Blanchflower shows how homeownership pins people to certain geographic locations and makes labor markets less efficient by discouraging them from moving to where jobs are more plentiful.

Lavish attention to how things work but only slight interest in why they work that way renders the book incapable of answering the question in its subtitle.

Does Blanchflower believe that jobs have gone overseas-to robots or to shadowy "Migrants?" It's not clear, and the confusion weakens his policy prescriptions.

These goals seem distant from the book's labor focus, though there can be little doubt that an optimistic view of the future would inspire growth, and that less inequality would lift spirits among working people.

https://www.city-journal.org/labor-market

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