Weekend Reading: John Stuart Mill (1829): Of the Influence of Consumption on Production

Per-Anders Edin, Tiernan Evans, Georg Graetz, Sofia Hernnäs, and Guy Michaels: The Individual Consequences of Occupational Decline: "Outcomes for similar workers in similar occupations over 28 years... the consequences of large declines in occupational employment.... Mean losses in earnings and employment for those initially working in occupations that later declined are relatively moderate, [but] low-earners lose significantly more...


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