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David Autor Quotes


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Quotes by David Autor

Showing 1-10 of 45 Quotes by David Autor

Trade may raise GDP. But it does make some people worse off.

~David Autor

Topics: Does Make May Off People Raise Some Some People Trade Worse Gdp

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While I can't tell you what people are going to do for work 100 years from now, the future doesn't hinge on my imagination.

~David Autor

Topics: Future Going Hinge Imagination Now People Tell While Work Years You 100 Years

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Here's a startling fact: in the 45 years since the introduction of the automated teller machine, those vending machines that dispense cash, the number of human bank tellers employed in the United States has roughly doubled, from about a quarter of a million to a half a million.

~David Autor

Topics: About Bank Cash Dispense Employed Fact Half Here Human Introduction Machine Machines Million Number Quarter Roughly Since Startling States Teller Those United United States Vending Years

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In 1986, the space shuttle Challenger exploded and crashed down to Earth less than two minutes after takeoff. The cause of that crash, it turned out, was an inexpensive rubber O-ring in the booster rocket that had frozen on the launchpad the night before and failed catastrophically moments after takeoff.

~David Autor

Topics: After Before Cause Challenger Crash Crashed Down Down To Earth Earth Exploded Failed Frozen Had Inexpensive Less Minutes Moments Night Out Rocket Rubber Shuttle Space Space Shuttle Than Turned Two

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Economists have understood since the Victorian era that the main benefits of trade come from comparative advantage: the idea that people can specialize in what they're good at and then benefit from exchange. The principle is no more mysterious than specialization in the labor market.

~David Autor

Topics: Advantage Benefit Benefits Come Comparative Economists Era Exchange Good Idea Labor Main Market More Mysterious People Principle Since Specialization Specialize Than Then Trade Understood Victorian

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The last 200 years, we've had an incredible amount of automation. We have tractors that do the work that horses and people used to do on farms. We don't dig ditches by hand anymore. We don't pound tools out of wrought iron. We don't do bookkeeping with books! But this has not, in net, reduced the amount of employment.

~David Autor

Topics: Amount Anymore Automation Books Dig Employment Farms Had Hand Horses Incredible Iron Last Net Out People Pound Reduced Tools Used Work Wrought Years

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History has suggested that the pessimists have been wrong time and time again.

~David Autor

Topics: Again Been History Pessimists Suggested Time Time And Time Wrong Wrong Time

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There's never been a better time to be a worker with special skills or the right education, because these people can use technology to create and capture value.

~David Autor

Topics: Because Been Better Capture Create Education Never People Right Skills Special Technology Time Use Value Worker

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Work is really wrapped up with identity. Work is not just money for most people.

~David Autor

Topics: Identity Just Money Most People Really Up Work Wrapped

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If you think about it, many of the great inventions of the last 200 years were designed to replace human labor. Tractors were developed to substitute mechanical power for human physical toil.

~David Autor

Topics: About Designed Developed Great Human Inventions Labor Last Many Mechanical Physical Power Replace Substitute Think Toil Were Years You

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Biography

Nationality: American

Type: Economist

Born: Unknown

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