Yes, of course. The leading authorities have already said all this. The lead
labor scholars at Harvard and MIT, Lawrence Katz and David Autor, in their
authoratative put-down of those making the Lump of Labor fallacy, in a white
paper for the NSF (solicited from the general public but nobody noticed except
the select few) titled "Grand challenges in the study of employment and
technological change" took care of the caveats you have so kindly pointed out.
In case you haven't recently, or ever, looked at their remarkable paper, I'll
explain. But first a brief detour to tell you what the Grand challenge is, for
employment and technological change. These two esteemed labor authorities,
representing our finest university scholarship, discovered that the grand
challenge is to discover why young men (as distinct from young women) weren't
going on to or in higher education. Figure out the answer to that and all will
be well.
But back to what you are talking about. Again, in case you haven't
immersed yourself in their paper -- they thought of all you have brought up.
They covered the problem. There is no longer a problem. They said, using
these very words which I'm about to write, they said that IN THE LONG RUN all
will be well. So there!
Gene
On Jan 8, 2014, at 9:45 PM, Tom Walker wrote:
> "In other words, the economy grows with every new worker." -- Allen Greenberg
>
> It's the law!
>
> http://ecologicalheadstand.blogspot.ca/2014/01/yasraehs-law.html
>
> --
> Cheers,
>
> Tom Walker (Sandwichman)
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