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Daron Acemoglu is Better Than You

Daron Acemoglu is an economist in the New Institutional(ist) tradition, a twist on the anti-epistemology called Institutional Economics that sit somewhere between the old-school Institutionalists and Neoclassical / New Classical economics.

Alongside Behavioural economics most of the really funky new knowledge is coming from New Institutionalists like Acemoglu.

In a book that is online for free (pdf) he explains basically all of modern macroeconomics.

So during March I will need to post an overview of this book as well as Friedman's price theory one (which I originally said I'd offer this month, but I have been delayed by life).

Love ya!

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What Lingos Are Most Similar to English, Though?

Will Automation Make All of the Jobs Disappear?

... No.

There is no reason to suggest that automation will dramatically increase unemployment in the short term, or at all in the long term.

Seriously, it will not.

Do read the links in the order in which they appear please. Finding the right comments in the third link might be quite interesting. They are all by a user called BestTrousers and start with "RI" meaning R1.

The main argument used by HealthcareEconomist3 is to give a survey of several works, while BestTrousers goes for comparative advantage.