News for hackers. Stuff that matters.

A comment on Our Broken Economy, in One Simple Chart. Parent comment

Re:Our Broken Economy, in One Simple Chart by jgalt212 on Tuesday August 08, 2017 @01:25PM (#14960124)
If it's truly universal, then the it's good effects will be severely curtailed by the substitution effect.

https://en.wikipedia.org/wiki/Substitution_effect

[ Parent | on HN ]
Re:Our Broken Economy, in One Simple Chart by neon_electro on Tuesday August 08, 2017 @01:44PM (#14960379)
As a layperson, could you expand on your point here?
[ Parent | on HN ]