Neurofacturing

Edward Leamer, Professor of Management, Professor of Economics and Professor of Statistics at the University of California Los Angeles, talks, in this audio from VoxEU.org, to Romesh Vaitilingam about his concept of ‘neurofacturing’ - creating value through knowledge work rather than physical labour - its rising significance in the world of the personal computer and the internet, the impact on inequality and the implications for our education systems.