I love a good chart. This chart shows two major economic trends. First, Baumol’s Effect which is the tendency for wages in jobs that have experienced little or no increase in labor productivity to rise in response to rising wages in other jobs that did experience high productivity growth.
Fascinating business case study -> https://davidoks.blog/p/why-japanese-companies-do-so-many
Though lionized by “free market conservatives”, the economist Friedrich Hayek wrote an incredible essay on “Why I Am Not a Conservative”.
*like, sometimes I publish…a lot :O – though you can pick what categories you want.
Ahh…I see you’re up for some extra inconvenience. Some Type 2 Internet Fun, if you will. Well then! Follow me with your favorite Fediverse app or server (e.g., Threads, Mastodon, Pixelfed, etc).
I’m Nate Shivar from Atlanta, Georgia, USA. I love nature, public lands, books, and the old-school Internet.
