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Classic tweet and a reason I don't like Twitter. It's completely unclear what is being said here specifically even though I understand a tiny bit of economics.
by timdaub 5y ago
Classic tweet and a reason I don't like Twitter. It's completely unclear what is being said here specifically even though I understand a tiny bit of economics.
It'd be better if the author would have either not said anything or took the time to formulate their thoughts into a piece of text worthy and representative of the complexity of the concept.
- sva_ 5y agoThere is a line of arguments that are sometimes made which claim that immigration leads to the stagnation of wages (abundant supply of workers -> lower wages). I believe the author is trying to express this.
- roenxi 5y ago> I believe the author is trying to express this. Really sums up the problem here. If the author had substantive points to make then they should have been made somewhere other than Twitter. Economics isn't impossibly hard but there is too much to cover for a tweet to be a useful contribution to any debate. Really all it can do is act as a sort-of straw poll for if people agree with an idea, but even then a Tweet doesn't fill that role well. Tweets are by nature a bit vague and poorly sourced. Match that up with basic selection bias and there is nothing useful to be gained in economics by Tweet.
- late2part 5y agoWho cares what the author intends to say here? This is an interesting fact and observation that stands on its own. It leads to curiosity, interest, and exploration. Noone owes you a fully ELI5 document.
- kjaftaedi 5y agoThis isn't a fact. It's a hypothesis. It does not "stand on it's own"