Articles
Money and Power: Historical Lessons for Stablecoins and U.S. Dollar Dominance
Economics Working Paper 26126
September 8, 2026
Published: April 01, 2021
Erik Hurst answers frequently asked questions about the economy and the labor market. Are there technological approaches to retraining workers to provide them with a competitive edge? How can private industries and the federal government work together to help workers weather technological changes? What would be the impact of a universal basic income to mitigate technological adjustment?
This lecture was recorded in the fall of 2019 before the pandemic.
Interested in attending the Hoover Institution Summer Policy Boot Camp? Click here for more information.
Discussion Questions
- Why is the labor market important to understand?
- How do people adjust to technological changes that affect their jobs?
Additional Resource
- Erik Hurst talks with EconTalk host Russ Roberts about the state of the labor market in the United States. Available here.
Cast
Erik Hurst
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