The divergence in growth between service and goods-producing sector employment in the US since the crisis is truly striking. (and mind the scales) @DeutscheBank via @SoberLookpic.twitter.com/9hXprfIxJX
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This is the most surprising graph I've seen in weeks. Do you know why this is happening
@tylercowen and@ATabarrok?
We only have space and time for so many things, but our needs to have our fellow humans serve us in a variety of silly but flattering ways are insatiable.
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But what could the recession have to do with that?
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People are addicted to being ingratiatingly served more than they are addicted to things, and the things last longer than the flattering experiences, so buying things gets delayed more in a recession than buying flattery.
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You're doing a great job flattering me with your knowledge Nick. Thanks :)
Thanks. Twitter will use this to make your timeline better. UndoUndo
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