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Critics say that - true. But first of all, those critics originate more from Milton Friedman school of economics. Or the Austrian school. And honestly, as the
by N1H1L 5y ago
Critics say that - true. But first of all, those critics originate more from Milton Friedman school of economics. Or the Austrian school.
And honestly, as the work of economists like Card/Krueger show - many of the so-called common sense economics understandings have very shaky evidence foundations.
Long story short, there is very little data in evidence of such claims.