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INDEX 101
substitution, 87
supply, 15, 16, 57
surplus, 13, 16–18
Lewis, W.Arthur, 12–17, 31, 54, 55,
57, 59–61, 73, 74, 86, 88
M
Machinery, 38, 42, 59
Malthusianism, 60
Manufacturing, 12–15, 18, 23–30, 38,
52, 58, 63, 73, 74, 82
Market, 12, 13, 15–18, 42–44, 54, 55,
63, 66, 67, 73, 79–81
Marx, Karl, 38, 59–61, 73, 80,
86
McKinsey Global Institute, 2, 40, 41,
64–67, 70, 74
Mokyr, Joel, 2, 42, 80
N
Neoclassical theory, 12
Neo-Schumpeterianism, 11, 12
O
Occupation, 3, 63, 64, 73
Organisation for Economic
Co-operation and Development
(OECD), 2, 38, 43, 51, 62–65,
72, 73
Osborne, M.A., 2, 39, 62, 63
Outsourcing, 18, 86
P
Politics, 80
Poverty, 2, 3
reduction, 3
Premature deindustrialization, 2, 17,
25, 44, 58, 88 Production, 12, 17, 24, 31, 38–40,
42–44, 52–54, 57, 59, 60, 80,
82, 86, 87
Productivity, 4, 12–18, 22, 23, 26, 28,
30, 31, 38, 41, 43, 44, 52–55,
58, 60, 61, 72–74, 87
growth, 4, 14, 15, 17, 28, 44, 87
Profits, 16, 31, 53, 55, 82, 87
Public policy, 3, 4, 80, 81, 86, 88
R
Redistribution, 82, 87
Regulation, 4, 40, 80, 81
Reserve army, 59–61, 86
industrial, 59
of the Unemployed, 60
robot, 57, 87
Reshoring, 52, 59, 82, 87
Robots, 37–39, 42, 43, 52, 53, 57, 73
Rodrik, Dani, 2, 13, 17, 18, 54, 55,
72
S
Schumpeter, J.A., 38, 42
Sector
agricultural, 15, 52, 58
automation-prone, 55
automation-resistant, 57
industrial, 15, 57, 58
service, 13, 25, 52, 58, 67
subsistence, 16, 17, 55, 57, 73
traditional, 16, 54, 55, 57
urban, 17, 60
Services, 13, 15, 17, 18, 24–27, 30,
39, 52, 58, 64, 67, 73, 82
Skills, 16, 43, 61, 62, 72, 81
Social, 3, 4, 31, 40, 42, 44, 58, 59,
80, 82, 87
protection, 80
Solow, R.M., 12, 15, 42, 52–54
Disrupted Development and the Future of Inequality in the Age of Automation