= 27d567bc2d48d9f40e9ccc20ea370b15)
Stuart_Armstrong comments on Unemployment explanations - LessWrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
= 783df68a0f980790206b9ea87794c5b6)
Loading…= b715d02e85f7b3b4ae65ca3d3e450868)
Subscribe to RSS Feed
Powered by Reddit
= f037147d6e6c911a85753b9abdedda8d)
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (96)
Your phone example seems analogous to "frictional" unemployment, which will resolve itself, given time.
As for why the job market is special: most (western) people derive the majority of their income from a salary. If many people were professional used phone sellers, the analogy would work.
But even professional manufactures often fail to sell some of their stuff.
Assuming, unrealistically , that everything stays constant.