Lessons from the Industrial Revolutions for dealing with rapid technological change

  • Teaching

    Details

    Faculty Faculty of Management, Economics and Social Sciences
    Domain Economics
    Code UE-EEP.00344
    Languages English
    Type of lesson Lecture
    Level Master
    Semester SA-2021

    Schedules and rooms

    Summary schedule Tuesday 16:15 - 19:00, Hebdomadaire

    Teaching

    Responsibles
    Teachers
    Description

    At the beginning of the 21st century, technological progress foreshadows a labor market that bifurcates along a fundamental divide: rewarding those whose productivity is enhanced by computers and smart software, but leaving behind the many who are competing against the algorithms. Average, some say, is over; expecting a slowly grinding workforce adjustment to follow suit.
    The study of the social consequences from the Industrial Revolution offers an opportunity to contemplate how society may respond to widespread economic upheaval. The emergence of powerful machinery and the factory displaced swathes of manual labor and craft occupations. The subsequent half century, termed "Engel’s pause" after a scathing analysis of Karl Marx's coauthor, was a period of stagnant wages in the midst of an unprecedented rise in output per worker. Yet while it imposed deep economic hardship on large parts of the society that had to live through it, in hindsight, the Industrial Revolution is the starting point of a monumental advance in global welfare whose revocation is undesirable even to its harshest critics.

    Training objectives

    This course invites its participants to learn from a comparison of the Industrial Revolution with different scenarios for the rise of smart technologies. Grounded in a thorough analysis of the economic and social contortions past and forecasted, we investigate which policy adjustments our shared social responsibility may or may not be calling for.

    Softskills
    No
    Off field
    Yes
    BeNeFri
    Yes
    Mobility
    Yes
    UniPop
    No

    Documents

    Bibliography

    - Acemoglu, D. and Restrepo, P. (2018). Artificial Intelligence, Automation and Work. NBER Working Paper No. 24196.
    - Allen, R. C. (2017). Lessons from history for the future of work. Nature, Vol. 550 (7676), pp. 321-324.
    - Allen, R.C. (2009). The Industrial Revolution in Global Perspective. New York: Cambridge University Press.
    - Atkinson, A. (2015). Inequality: What Can Be Done? Boston, MA: Harvard University Press.
    - Brynjolfsson, E. and McAfee, A. (2014). The Second Machine Age. New York: W. W. Norton & Company.
    - Brynjolfsson, E., Mitchell, T. and Rock, D. (2018). What Can Machines Learn and What Does It Mean for Occupations and the Economy. AEA Papers and Proceedings, Vol. 108, pp. 43-47.
    - Carney, M. (2018). The Future of Work. Speech presented as the 2018 Whitaker Lectures in the Central Bank of Ireland, Dublin.
    - Cowen, T. (2013). Average is over. Boston, MA: Dutton.
    - Fogel, R.W. (2004). The Escape from Hunger and Premature Death, 1700–2100. New York: Cambridge University Press.
    - Frey, C. B. and Osborne, M. (2017). The future of employment: How susceptible are jobs to computerisation?. Technological - Forecasting and Social Change, Vol. 114, pp. 254-280.
    - Lowrey, A. (2018). Give People Money. New York: Crown Publishing.
    - Pechman, J., and Timpane, P. (1975). Work Incentives and Income Guarantees: The New Jersey Negative Income Tax Experiment. Washington: Brookings Institution.

  • Dates and rooms
    Date Hour Type of lesson Place
    21.09.2021 16:15 - 19:00 Cours PER 21, Room C130
    28.09.2021 16:15 - 19:00 Cours PER 21, Room C130
    05.10.2021 15:15 - 18:00 Cours PER 21, Room C130
    12.10.2021 15:15 - 18:00 Cours PER 21, Room C130
    19.10.2021 15:15 - 18:00 Cours PER 21, Room C130
    26.10.2021 15:15 - 18:00 Cours PER 21, Room C130
    02.11.2021 15:15 - 18:00 Cours PER 21, Room C130
    09.11.2021 15:15 - 18:00 Cours PER 21, Room C130
    16.11.2021 15:15 - 18:00 Cours PER 21, Room C130
    23.11.2021 15:15 - 18:00 Cours PER 21, Room C130
    30.11.2021 15:15 - 18:00 Cours PER 21, Room C130
    07.12.2021 15:15 - 18:00 Cours PER 21, Room C130
    14.12.2021 15:15 - 18:00 Cours PER 21, Room C130
    21.12.2021 15:15 - 18:00 Cours PER 21, Room C130
  • Assessments methods

    Examen oral - SP-2022, Session de rattrapage 2022

    Assessments methods By rating
    Descriptions of Exams

    Oral exam 15 min.

    Only re-examination

    Evaluation continue - SA-2021, Session d'hiver 2022

    Assessments methods By rating
    Descriptions of Exams

    The continuous evaluation is composed as follows:
    - written work with presentation

    Course with continuous evaluation: after the registration period, you can no longer cancel your registration (see session calendar on the Faculty's website).

  • Assignment
    Valid for the following curricula:
    Complementary learnings in SES
    Version: ens_compl_ses
    MA course offering for Mobility Students

    MSc in Environmental Sciences and Humanities [MA] 120
    Version: 2021_1/V_01
    MSc in Environmental Sciences and Humanities, elective courses (from AS2020 on) > MSc-SE, Sustainable Economy Module, elective courses (from AS2020 on)

    Ma - Accounting and Finance - 90 ECTS
    Version: 2021/SA_V01
    Course - 72 ECTS > Minimum 0 / maximum 1 optional master course offered at the University of Fribourg, if 72 ECTS not yet reached in the above modules > SES Master level courses

    Ma - Communication and Media Research - 90 ECTS
    Version: 2015/SA_V01
    Courses - 60 ECTS > Inter- and Transdisciplinary Perspectives > SES Master level courses

    Ma - Communication and Society - 90 ECTS
    Version: 2021/SA_V02
    Elective courses > Schwerpunkten > Inter- & Transdisciplinary Perspectives > SES Master level courses

    Ma - Economics - 90 ECTS
    Version: 2021/SA_V02
    Elective courses > 369 - Elective courses of the Master in Political Economy
    Elective courses > Wahlkurse der SES-Fakultät - max. 15 ECTS > SES Master level courses
    Le choix de l'option se fait par l'inscription au premier cours dans l'une des options possibles. > Sustainable Development and Social Responsibility > 369 - Option : "Sustainable Development and Social Responsibility"

    Ma - Economics - 90 ECTS
    Version: 2017/SA_v01
    Cours - 63 ECTS > 4 Modules > Module 4: Business Ethics and Social Responsibility
    Cours - 63 ECTS > 4 Modules > Module 3: Economic Sustainability and Development
    Cours - 63 ECTS > 4 Modules > Module 8: Industrial Organization
    Cours - 63 ECTS > Maximal 15 ECTS können aus allen Modulen oder unter allen Master-Kursen der Fakultät gewählt werden. > SES Master level courses

    Ma - European Business - 90 ECTS
    Version: 2017/SA_v01
    Courses - 63 ECTS > Additional courses: Any Master courses of the Faculty of Economics and Social Sciences, as well as maximum 9 ECTS from all Master programmes of the University. > SES Master level courses

    Ma - International and European Business - 90 ECTS
    Version: 2021/SA_V01
    Courses > Additional courses: Any Master courses of the Faculty of Economics and Social Sciences, as well as maximum 9 ECTS from all Master programmes of the University. > SES Master level courses

    Ma - Management - 90 ECTS
    Version: 2021/SA_V01
    Courses: min. 72 ECTS > Elective Courses : max. 18 ECTS > SES Master level courses

    Ma - Management - 90 ECTS [MA]
    Version: 2017/SA_v01
    Courses: min. 63 ECTS > Cours facultatifs : max. 18 ECTS > SES Master level courses

    Ma - Marketing - 90 ECTS
    Version: 2021/SA_V02
    Courses > Elective Master courses from the whole university > SES Master level courses

    Ma - Public Economics and Public Finance - 90 ECTS
    Version: 2015/SA_V01_MA_VWL_DD
    Cours > Up to 45 ECTS credits must fulfill the conditions required for the specialisation, including the modules 1, 2 and 6 with a min. of 12 ECTS in each. > Additional courses in Economics in order to fulfil the Double Diploma requirements > Module 8: Industrial Organization
    Cours > Up to 45 ECTS credits must fulfill the conditions required for the specialisation, including the modules 1, 2 and 6 with a min. of 12 ECTS in each. > Additional courses in Economics in order to fulfil the Double Diploma requirements > Module 4: Business Ethics and Social Responsibility
    Cours > Up to 45 ECTS credits must fulfill the conditions required for the specialisation, including the modules 1, 2 and 6 with a min. of 12 ECTS in each. > Additional courses in Economics in order to fulfil the Double Diploma requirements > Module 3: Economic Sustainability and Development

    MiMa - Economics - 30 ECTS
    Version: 2021/SA_V01
    Elective courses > 369 - Elective courses of the Master in Political Economy

    MiMa - Gestion d'entreprise - 30 ECTS
    Version: 2020/SA_V01
    Cours facultatifs à choisir: Cours master de la Faculté des sciences économiques et sociales > SES Master level courses