Does More Technology Create Unemployment? [pdf]

Conservative economic thinkers tend to disparage persons who fear the rapid advance of technology by labeling them "Luddites." This term is both unfair and inaccurate. The real Luddites, of the early 1800s, were uneducated working people who destroyed textile machinery and other symbols of advancing technology, which, despite their efforts, were to move the broad spectrum of humanity above the subsistence level for the first time. Today's proponents of economic activism are typically not of the working class and are usually quite well educated.

What the Luddites Really Fought Against

(SmithsonianMag) - Technology is everywhere, and a recent headline at an Internet hu-mor site perfectly captured how difficult it is to resist: "Luddite invents machine to destroy technology quicker."

Robert Reich: Human capital is capital too!
○ A Solid Investment: Making Full Use of the Nation's Human Capital

'Sapere aude'