eli_sennesh comments on Unemployment explanations - LessWrong

28 Post author: Stuart_Armstrong 07 November 2014 05:12PM

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Comment author: [deleted] 25 November 2014 08:44:53AM 2 points [-]

While I have not rigorously researched that issue, I would call it a plausible view: the state is a single market actor, so outside markets driven entirely by state demand (which, admittedly, are myriad), the state's problems don't affect general price-levels.