3 ms·
5 years is not a good time horizon for unemployment rate comparison, because that time window is during the Great Recession/Lesser Depression, which surely domi
by nhaehnle 12y ago
5 years is not a good time horizon for unemployment rate comparison, because that time window is during the Great Recession/Lesser Depression, which surely dominates any longer term (and therefore slower) effects of technology.
> You really think anybody has a clue as to how we'd design an economy that would lead to a specific economic outcome?
Not at a detailed level, but stuff like tax cuts for the rich and financial deregulation are not random accidents.