Part 1/10:
Understanding Economic Agency in a Post-Labor World
In the evolving landscape of economics, particularly in light of rapid technological advancements, our relationship with labor is undergoing a significant transformation. This article summarizes key insights from a recent lecture focusing on economic agency — the capacity of individuals to participate meaningfully in the economy. By examining the concept of economic agency and addressing the potential consequences of labor substitution, we can better understand the implications for consumers, businesses, governments, and banks.