Children are Smarter Than Adults

This precocity of childhood may be said to characterise all the known races of man, and to be even more marked the more primitive the race. On this point, ‘It is an interesting fact,’ says Havelock Ellis (183, p. 177), ‘and perhaps of some significance, that among primitive races in all parts of the world, the children, at an early age, are very precocious in intelligence.’ And again, ‘ It seems that, the lower the race, the more marked is this precocity, and its arrest at puberty. ...

 The U-Shape of Automation

As we look ahead, we see these three trends not only accelerating but also evolving. For instance, new research by David Autor and David Dorn has put an interesting twist on the SBTC story. They find that the relationship between skills and wages has recently become U-shaped. In the most recent decade, demand has fallen most for those in the middle of the skill distribution. The highest-skilled workers have done well, but interestingly those with the lowest skills have suffered less than thos...