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asmodeus666

asmodeus666 on Hacker News

Re:It’s Official: This Is Now the Longest Economic Expansion in US His... on Monday July 08, 2019 @10:41AM (#20383114)
What do you mean? It has been proven empirically, see work done by Paul Cockshott. Coming from pure reason, the theory is pretty sensible as well, and provides a good model to understand the origin of value in the economy. It is especially useful when trying to understand the effects of massive automation on society.