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Myths That Built Trickle-Down Economics: Productivity Doesn’t Trickle Down (with Preston Mui)
Some of the world’s richest executives are selling AI as the engine of a yet-to-be realized “historic” productivity boom — while warning that it will also eliminate millions of jobs. But if workers absorb the disruption while the gains flow upward, that isn’t shared prosperity. It’s trickle-down economics with better software.
In the final installment of Myths That Built Trickle-Down Economics archive miniseries, we’re returning to Nick and Goldy’s conversation with economist Preston Mui about why productivity is a policy choice. Mui explains how full employment, sustained public investment…
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