Skills Based Technological Change (SBTC) is the root of everything.

Well, to the extent that it affects productivity.

Let's be honest with ourselves:

Everything about our economics and politics is skill-biased technological change (SBTC). The other theories matter a little bit at the margin and people have fun fighting over them, but SBTC is the root of everything.

— Alan Cole (@AlanMCole) January 31, 2019

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