eob on Nostr: Thanks for sharing that video. I was going to watch but then realized it was an hour ...
Thanks for sharing that video. I was going to watch but then realized it was an hour and a half long, which is more time than I care to spend
But I found this book description which I assume summarizes his views
I don't see anything here that supports the conclusion that deflation is desirable
It's true there are shifts in the relative balance between capital and labor, but that has been happening for about 250 years, since the industrial revolution, and so is not qualitatively new
A much more persuasive analysis of the consequences of the shifts of balance between capital and labor is Piketty's Capital in the Twenty-First Century
Published at
2023-06-20 07:17:19Event JSON
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