3 ms·
Yes, but note that this type of 'overall thinking' sometimes has interesting consequences. Eg overall globalization raises wages, but it decimated rural econom
by mensetmanusman 3y ago
Yes, but note that this type of 'overall thinking' sometimes has interesting consequences. Eg overall globalization raises wages, but it decimated rural economies in the west and caused a lot of social harm leading to the rise of populism.
The odometer shock that will start hitting low wage earners forced to migrate to EV may have less important but similarly surprising unintended consequences.