Debunking Economics - the podcast cover image

Bill Phillips & His Curve

Debunking Economics - the podcast

00:00

The Manic Mechanical and Electronic Models of the Economy

Nick Bostrom was a self-trained engineer. He also tried to turn a bus into a boat to escape an island in World War II. In 1956, he pulled together data series from mainly unions on how many members had jobs and didn't. And then he fitted the data points using a hand-operated calculator. It sounds like you've got about 80 years of data but it's really more than that.

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