"essential jobs" (food, sanitation, medicine) are actually afaik the essential survival functions.
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Replying to @s_r_constantin
In general, income taxes lead us to expect that there is too little work, relative to leisure. So cutting back on work makes that worse.
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Replying to @robinhanson
explain? how do income taxes make us think there is too little work?
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Replying to @s_r_constantin
I meant in the absence of other considerations to push us to expect too much or too little.
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Replying to @robinhanson @s_r_constantin
how am I supposed to read this as anything but trolling? It takes an implausible level of dissociation to see an economy of paycheck to paycheck full time laborers who were apparently non-essential to think that what we've really needed this whole time was more scarcity / work.
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Replying to @gallabytes @s_r_constantin
You think something obvious, but I disagree.
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Replying to @robinhanson @gallabytes
Ok,
@oscredwin unpacked the disagreement for me: it’s possible that we aren’t “fine” without all these workers during lockdown, we’re spending down some store of capital (by not doing repairs/investment) and it wouldn’t be sustainable if all these people stayed home long term.1 reply 0 retweets 2 likes -
Replying to @s_r_constantin @robinhanson and
I agree that this is totally possible and I have no stats to offer.
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Replying to @s_r_constantin @robinhanson and
It may be a restricted population (which includes me & I’d expect to include you) whose “work” is clearly not essential labor the population can’t survive without, but whoever pays our bills doesn’t seem to mind. So, the reasoning goes, why not strip the pretense?
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Replying to @s_r_constantin @robinhanson and
There is some research on % of people who think their jobs are useless https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3162569 …
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8%. Ok, that sounds plausible. Easily high enough for there to be whole social milieus where everyone thinks that.
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Replying to @s_r_constantin @robinhanson and
Yes, I think bullshit jobs are real, disputes should be about how preavelent they are; however it may be fun to break it down; how many of those are financebros that are in just for the money vs lower income workers?
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Replying to @ArtirKel @robinhanson and
I’d expect most of that 8% to be at least above median income? Most jobs with lower average salaries than that obviously provide a concrete service to someone. (Cleaning, preparing and serving food, selling things in stores, etc.)
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