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George Reisman's Capitalism: Yet Another Book I Need to Review...


So not only should I review all three volumes of Capital by Marx, Price Theory by Friedman, and Modern Economic Growth by Acemoglu... now I must review Capitalism by George Reisman too... can I get this all done before the end of Summer? Ill bloody well try. Let's define the end of Summer as the end of August.

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So I was reading a piece on The Outline about identity politics when the author, Sean McElwee, brought up a survey he had penned and collated to establish how positions on economic and racial issues align;
Could Democrats win over racially conservative whites with economic populism? It’s unlikely, because people who oppose racial justice also tend to oppose liberal economic policies.  To test this, I created scales of economic and racial liberalism, using two questions that have been on the American National Election Studies surveys since 1972. One question asks respondents to place themselves on a one-to-seven point scale on government aid to black Americans, the other on a one-to-seven scale on guaranteeing jobs and income for all Americans. In 1972, only 54 percent of white Americans who took the racially liberal position (supporting aid to black Americans) also took the economically liberal position (guaranteeing jobs and income).  By 2016, 74 percent did. And in 1972, 77 perce…

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.