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> This is nothing like the economic system in which we live That some theoretical other economy might exist does not belie the one this article discusses corre
by css 6y ago
> This is nothing like the economic system in which we live
That some theoretical other economy might exist does not belie the one this article discusses correlates wages and scarcity of labor, nor does it preclude anyone from making different decisions about pricing their own labor.
- PaulDavisThe1st 6y agoThe article discusses a hypothetical timeline in which wage growth tracks productivity. So it's already in the land of hypotheticals. The question is: how far into that land is it worth going to try to illuminate the full range of the possible?
- css 6y agoThe article contrasts a hypothetical trend with the reality where labor scarcity drives prices.