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Can Labor Markets Save Capitalism? With David Autor

Capitalisn't

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The Importance of Slowing Down

I think there is room for public policy and sometimes we get it right but even if public policy were not to walk I think that slowing down a bit would be better. Once you start slowing there are a lot of forces that say why don't you block it. So slowing but not blocking is really the difficult political economy question. Perhaps a way to summarize his point of view on this is move slowly and don't break things which is very anti our current modern Silicon Valley ethos, he said.

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