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Labor economics is the branch of microeconomics that studies labor markets and its peculiarities. Labor economists usually study topics such as career choice, returns to schooling, determinants of labor productivity, wages, gender and racial gaps.
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Reference request on "post-scarcity" economics?
Some friends and I have been discussing, speculatively, what might happen in the future after technology/increased automation greatly reduces the need for human labor.
The Marxists / leftists among u …