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It's certainly possible that you are correct. But isn't the over performance of the US economy compared to Western Europe (where they have made the kind of trad
by harryh 13y ago
It's certainly possible that you are correct. But isn't the over performance of the US economy compared to Western Europe (where they have made the kind of tradeoff you propose) evidence to the contrary?
- tptacek 13y agoIt's evidence that the dial settings Europe uses aren't productivity-maximizing, but not evidence that "optimize for maximum individual productivity" is the productivity-maximizing strategy.