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Without any evidence whatsoever, Larry Summers posits that the four-decade long trend of an increasing share of young men not working implies "job destruction c
by te 10y ago
Without any evidence whatsoever, Larry Summers posits that the four-decade long trend of an increasing share of young men not working implies "job destruction caused by technology".
Instead, I think this trend is far more likely to be caused by an increasing share of young women entering the workforce over the same timeframe.