Via Basil Halperin. This is not a question of confusing causation and correlation, if anything it is the protectionists who have such an error in their mind’s eye. These days the average U.S. service sector job pays more than a manufacturing job.
The post Manufacturing share vs. GDP appeared first on Marginal REVOLUTION.
Saturday assorted links
1. Notes on Oman. 2. Colin McGinn on best philosopher ever. 3. Owner wants to give away Green Mountain Campus....
Germany projection of the day
Germany’s population is projected to shrink by nearly 5 per cent within 25 years — a significantly steeper decline than...
Minimum wage hikes and robots
This paper studies how minimum wage policy affects firms’ adoption of automation technologies. Using both state-level measures of robot exposure...
That Was Then/This is Now
Hat tip: Logan Dobson. The post That Was Then/This is Now appeared first on Marginal REVOLUTION. Source link...
