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A comment on Why hasn't economic progress lowered work hours more? (2016) [video]. Parent comment
1. Achieve maximum employment
2. Maintain stable prices
Both of which are counter productive to the goals of automation.
This seems like the root of the problem to me, as the Fed is a "super admin" of the economy.
1. Achieve maximum employment
2. Maintain stable prices
Both of which are counter productive to the goals of automation.
This seems like the root of the problem to me, as the Fed is a "super admin" of the economy.