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You can always be eccentric, go off script and life hack Keynes' predictions into existence. However, people mostly don't and economics is about what people do.
by dalbasal 6y ago
You can always be eccentric, go off script and life hack Keynes' predictions into existence. However, people mostly don't and economics is about what people do.
- Retric 6y agoI think that’s overly dismissive as many people do work like this. It’s up to the individual if doing animation work in 6 month bursts for individual movies is enough or if they want near full time employment. 6 month rotations are common in many tiny industries like super yacht crews. Major industries like education, farming, construction, and tourism are quite seasonal and it’s up to individuals if they take that time off or work an off season job.
- throwaway316943 6y agoFor those industries you listed the same would have been true in the 1930s when the prediction was made so I don’t think Keynes was referring to those. In all likelihood he was talking about manufacturing and professional jobs. The divergence seems to be that the blue collar workers were fired and/or their jobs offshored while not much has changed for the white collar workers except for the digitization of paperwork and the elimination of support roles with accompanying responsibilities now transferred to the professional. I think we screwed the pooch on this one and we should own up to it.