Strypey on Nostr: Having linked this article, I ought to clarify that despite making a few good points ...

Having linked this article, I ought to clarify that despite making a few good points (like the opening one above), it's showing its age. Marbled as it is with neoclassical assumptions that have been thoroughly debunked over the subsequent two decades. An example is the peculiar idea that employment is the primary (or even the only) driver of inflation.

(1/?)