.@ferenstein articles abt SV politics are fascinating and nuanced. But https://cdn-images-1.medium.com/max/1600/1*zRtzr0srrvgkgzMxCPnNFw.png … doesn't contend with https://upload.wikimedia.org/wikipedia/commons/4/45/Productivity_and_Real_Median_Family_Income_Growth_1947-2009.png …
-
-
@wycats Thiel is right that flourishing companies and startups are essential, but GDP is a terrible measure for just about everything. -
@csuwildcat Improving overall productivity, efficiency, and innovation are great, but the gains don't accrue to the bottom. -
@wycats are you including the vast range of QoL increases, or just comparing other macro, aggregate measures like waged & disposable income? -
@wycats any assessment of worker status that lacks specific, detailed inclusion of QoL inputs and offsets is not representative of reality. -
@csuwildcat there have been several high quality studies that include those. The gap narrows but is still very large.
End of conversation
New conversation -
-
-
@wycats It depends on how much you believe capitalist economies to be pyramid schemes.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
@wycats so Thiel has the same quack economics as Jeb!?Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.