In recent years, an idea has spread that we are in a fourth industrial revolution, more transformative than any change in human history, that will, among other negative effects, lead to massive job losses and unemployment. However, as Rob Atkinson writes in an essay for the “Work in the...

Most commentary on Europe's economy focuses on its precarious financial system and anemic employment recovery since the Great Recession. But Europe faces a challenge of equal or even greater magnitude that has received far less attention: lagging productivity. After a long period during which...