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Mark Blyth’s State of the Union - 2018

submitted by geo321

6 years 3 months 4 weeks ago

Mark Blyth is a political economist from Brown University whose research focuses upon how uncertainty and randomness impact complex systems, particularly economic systems, and why people continue to believe certain economic ideas despite buckets of evidence to the contrary. Interview with Open Source with Christopher Lydon

6 Comments

*quality

Boosting this quality contribution up in the Hot Listing - declared quality by lurgee.

*promote

Promoting this video and sending it back into the queue for one more try; last queued Sunday, January 7th, 2018 8:37pm PST - promote requested by lurgee.

Moving this video to geo321's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.

Interesting narrative - but maybe a bit too simplistic. "the boomers have all the assets" - really? is Bezos a boomer, how about Mark Z? There are some wealthy boomers, as there have always been wealthy individuals in the older generation - but lots of boomers are doing their best to survive on Social Security - maybe because they yielded to the siren song of consumerism. (a statement as simplistic as the claim that boomers have all the assets...). Technology has destroyed lots of middle class jobs - the working community displaced by technology is, as they always have, struggling to adapt. Some have adapted better than others. But the simplistic mantra of free college/university for all is a fraud when too many illiterates are being graduated from high school and too many parents are totally unconcerned that their children continue to advance in primary and secondary school with completely inadequate skills....
That's the thing with simple answers for the world's problems, they're usually wrong...

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