S1E12: More Robots Will Lead To More Productivity: Mark Mills

First up, Steve speculates about interest rates and oil prices. Next, taking human labor out of tasks is something humanity has sought and developed for thousands of years in order to increase productivity. Mark Mills, a senior fellow at the Manhattan Institute and partner of Cottonwood Venture Partners, says productivity leads to more wealth for everyone and the best way to increase it is to make more robots -- that is, accelerate automation. Inspired by Mills’ recently published book, Work In The Age Of Robots, Steve and Mills discuss how automation will benefit people, why it’s regulation, not demand, that will hurt manufacturing and how the FDA is making way for more innovation in technology and drug therapy development. ...and lastly, Steve’s “Read of the Week” is an article by Steven Malanga in City Journal now titled “Marijuana’s Black Market.”

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