Michael Barr

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Federal Reserve Governor; former U.S. Treasury Assistant Secretary for Financial Institutions; law professor at the University of Michigan

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Location: United States

ai (1) ai-policy (1) ai-regulation (1) × economics (1) impact-on-labor (1) labor-rights (1) policy (1)

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Governments should tax capital, not labor, as AI makes human work less central to the economy

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With a vastly more productive economy, but much less demand for labor, society would have to rethink the social safety net to ensure that the gains from unprecedented economic growth are shared rather than concentrated among a small group of capital ... more Unverified source (2026)

added 2h ago