Here's a simple model that explains rising inequality, wage stagnation and labor market hysteresis all at once. 1/3
@hamandcheese You do see Pareto distributions in creative work. But among retail workers or truck drivers?
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@paulbaumgart Retail is more of a direct tech-labor substitution story. Trucking, I know nothing about. That may be just supply and demand -
@hamandcheese What industries did you have in mind? - 10 more replies
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