tag:blogger.com,1999:blog-4900303239154048192.post835041229680541032..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Whack-a-Mole Tim and the Fixed Amount of Cheese-Eating Work FallacioUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4900303239154048192.post-58793308536865506722014-05-30T20:44:16.340-04:002014-05-30T20:44:16.340-04:00The most insightful concept I have read of yours i...The most insightful concept I have read of yours is decoupling the ability of workers to shift sectors, and the demand for workers to shift sectors. In other words, yes, we know that people can go from the farms to the factories to the officers, but what gets assumed is that there is a demand for those workers to go from the farms to the factories to the offices. <br /><br />People espousing education for all are falling victim to a trap of their own; supply creates its own demand. State and local policymakers in my area are overreacting to our state's aging population and the perceived skills gap, and pushing education for all (with studies provided for by heads of business and academia in the state) assuming this increased supply will increase demand. There is scant mention of demand during these discussions. Why? I have no idea, but the flawed methodology of the likes of Carnevale (whose work is taken for gospel by the aforementioned policymakers) is never brought up in discussions--flawed may be too strong a word, but the fact that his methodology states unequivocally that supply of and demand for labor are always in equilibrium demands (no pun) some attention. Anonymoushttps://www.blogger.com/profile/00049959112635030236noreply@blogger.com