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R. Maria del-Rio Chanona on Modeling Labor Markets & Tech Unemployment

COMPLEXITY

CHAPTER

The Importance of Labor in History

Labor has had an impact in history. In medieval cities, guilds were used to keep track of how many fishermen there were and not assign too many. You can think also of Jim Crow laws when there was all of a sudden an extra supply of labor. And if you go to today's politics, the ideas behind Brexit tend to be about securing the scarcity of jobs.

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