As climate change continues to alter the outlook for water abundance in the Rio Grande River Basin, what mechanisms currently exist and what additional mechanisms are needed if Mexico is to comply with the requirements of the 1944 Water Treaty? Nonresident scholar Stephen Mumme and co-author Oscar Ibáñez explain.
Many economists are concerned that automation will result in a loss of jobs. This work shows that is not the issue, and that the two main effects of automation are increased inequality and economic growth.