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You link a Wikipedia article about a highly contentious issue among economists and expect to be taken seriously? It is almost universally the case that when so
by markonthewall 10y ago
You link a Wikipedia article about a highly contentious issue among economists and expect to be taken seriously?
It is almost universally the case that when someone says "economists think X" they actually refer to a group of academics belonging to a specific school of thought which defends that particular position. Not that scholarly consensus does not matter, just a reminder that in certain fields those questions become so highly ideological that you simply cannot treat them as a math question on which you can definitely rule one thesis or another.
- davidw 10y agoActually there are plenty of things - like rent control - that aren't much debated among economists. Economists almost universally reject the lump of labor fallacy.
- commentzorro 10y agoIn the overall economy it's considered a fallacy, but in the small or subset of the economy (like highly skilled IT people) there is not that consensus. Empirical evidence bears this out too.