Umair Haque / Bubblegeneration
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Friday, November 07, 2003


Here's a great article by a Fed economist, about labor market disruptions being vital to macroeconomic growth.

Basically, he argues that technological shifts create labor market churn, but are vital to the comparative advantage of a nation being sustained - so the jobs will come back, but only when we've built new sources of innovation to support labor market growth.

-- umair // 7:10 PM // 0 comments


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