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Quote by Branko Milanovic

“When the industrial revolution happened there was the Luddistic movement, and there was a fear that machinery would replace all the labor. Whenever we had a technological revolution we had this fear. So if you look backwards, these fears were not justified, and I think they were driven by our very human inability to visualize what new jobs will be created by this new technology.”

Quote by Branko Milanovic

Author

Branko Milanovic

Branko Milanovic is a renowned economist known for his research on globalization, income inequality, and global income distribution. His work spans multiple fields, including development economics, international economics, and comparative economics. more

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