On 9/23/07, Eugene Coyle <[EMAIL PROTECTED]> wrote: > In regard to Leontief, he had a long standing belief that "automation" or > productivity would lead to growing unemployment. ... > And so he was funded to explore the issue in a book that I have found on > the shelf, "The Future Impact of Automation on Workers." 1986. That book > was an Input-Output analysis that turned out to confound his belief. ...
wow. Usually when economists do research that confounds their beliefs -- especially pro-market beliefs -- they put the research in the circular file. Leontief was a brave guy. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante.
