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Economic is a social science, it's subject to people's opinions and interpretations. There are economists today (at the PhD level) who will look you in the eye
by adrenalinelol 10y ago
Economic is a social science, it's subject to people's opinions and interpretations. There are economists today (at the PhD level) who will look you in the eye and tell you recessions don't exist. Not mainstream, but not also not a "quack theory". UBI for most people is just another label for welfare.
I agree with the premise that most people don't quite understand how much automations will eventually disrupt the entire labor force.