Technological Change, Market Decline, and Industrial Relations in the U.S. Steel Industry

Author(s):  
Dennis A. Ahlburg ◽  
Ann E. Carey ◽  
Bruce A. Lundgren ◽  
Sandra L. Barrett ◽  
Lawrence D. Anderson
2020 ◽  
pp. 91-107
Author(s):  
Ana Ferreira

Since the 1980s, income inequality has increased markedly and has reached the highest level ever since it started being recorded in the U.S. This paper uses an overlapping generations model with incomplete markets that allows for household heterogeneity that is calibrated to match the U.S. economy with the purpose to study how skill-biased technological change (SBTC) and changes in taxation quantitatively account for the increase in inequality from 1980 to 2010. We find that SBTC and taxation decrease account for 48% of the total increase in the income Gini coefficient. In particular, we conclude that SBTC alone accounted for 42% of the overall increase in income inequality, while changes in the progressivity of the income tax schedule alone accounted for 5.7%.


JOM ◽  
1986 ◽  
Vol 38 (3) ◽  
pp. 37-37
Author(s):  
Robert W. Crandall
Keyword(s):  

Author(s):  
Elting E. Morison

This chapter presents a case study of innovation: the introduction of continuous-aim firing in the U.S. Navy. It first provides a background on the technical aspects of gunfire at sea prior to the introduction of continuous-aim firing, first devised by an English officer, Admiral Sir Percy Scott, in 1898. It then considers the benefits brought by Scott's invention, in particular in terms of improving gunnery accuracy in the U.S. Navy. It also discusses Washington's responses to William S. Sims's recommendations for adopting continuous-aim firing in the U.S. Navy, citing the reasons for what must be considered the weird response to the proposed technological change. It shows that personal identification with a concept, a convention, or an attitude appears to be a powerful explanation for resistance to change. The chapter suggests an “adaptive society” in which humans adapt to their own technological changes.


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