Adam Smith on the Labor Theory of Value
There are many things Adam Smith got right about economics, including the discipline’s fundamental insight about the unplanned nature ...
Wednesday, March 25, 2026
Tag: Labor
Andrew Yang says it’s time to ‘stop taxing labor’ and make AI foot the bill instead
Individual income taxes accounted for more than half of the total revenue collected by the U.S. government in 2025. At ...
Why Does the Division of Labor Matter?
Smith begins An Inquiry into the Nature and Causes of the Wealth of Nations with the following claim: “The greatest improvement in the productive ...
$683 billion in unpaid labor: How companies are easing the caregiving burden on women
Every morning starts the same way: A 6 a.m. alarm and an hour to prepare for the day before her ...
Chart of the Week: AI Is Reshaping the Labor Market
On Monday, we looked at what happens when AI systems start hiring people. Today, we’re looking at what happens when companies ...
Investor Vinod Khosla predicts free AI labor will lead to an era of few jobs and great abundance
Good morning. What will life be like in 2040? Pretty awesome, according to famed Silicon Valley investor Vinod Khosla. Khosla, ...
How AI Could Destroy 4 Million Jobs Per Year—And Not Kill The Labor Market
Artificial intelligence software may reduce job growth by 1 million to 4 million jobs each year, but create more than ...
Is RentAHuman the Future of Labor?
I’ve written a lot about how AI is changing the future of work, usually in the context of machines taking over ...
Trump crackdown drives 80% plunge in immigrant employment, reshaping labor market, Goldman says
A sweeping crackdown on immigration in President Donald Trump’s second term, characterized by elevated deportations and strict new visa bans, ...
Less immigration under Trump will contribute to 2 million-person labor force gap, CBO says
The U.S. working-age population is headed for a cliff, one that has become much steeper over the past year due, ...
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