Re:Software Is Eating the Job Market
by vezzy-fnord on Tuesday June 09, 2015 @02:48PM
(#9687805)
Correct me if I'm wrong, but your example seems to imply the existence of a marginal propensity to consume. I don't think this is commonly accepted in light of work by Friedman and others on the permanent income hypothesis, which puts to question relatively simplistic supply-side and "Going Galt" scenarios.
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