AI: AMERICAN INNOVATION and the Economic Recovery

This book provides an in-depth analysis of the US economy and argues that technology is playing a critical role in driving unemployment down. AI: American Innovation and the Economic Recovery takes an optimistic view of the

potential for the US to achieve full employment. It builds on the monetary framework outlined in a previous book, The U.S. Economic Recovery, which predicted that the economic upturn triggered by quantitative easing was likely to endure.

This latest book provides a detailed look at some of the key developments within the labour market, to see where the US is creating jobs. It also delves into some of the issues around the accuracy of the data used to track the US economy, and suggests that we may be underestimating some very positive trends. Without a proper understanding of the limits to current economic data, there is a danger that politicians will endorse policies that are counter-productive.

GFC Economics. www.gfceconomics.com