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Jul 20, 2023
acx

Highlights From The Comments On British Economic Decline

28 min • 3,629 words • 468 comments • 104 likes • podcast
Scott explores the recent British economic decline, examining various statistics and theories about its causes and impact. Longer summary
This post discusses the recent economic decline in Britain, analyzing various statistics and theories about its causes. Scott examines GDP data, productivity trends, wage stagnation, and currency value changes, while considering factors like Brexit, real estate market issues, and R&D investment. He presents different perspectives from commenters and experts, highlighting the complexity of the situation and the difficulty in pinpointing exact causes. Shorter summary
Jun 29, 2014
ssc

Invisible Women

7 min • 853 words • 101 comments • podcast
Scott Alexander explores the puzzling lack of GDP impact from women's significant entry into the workforce, considering various explanations and economic implications. Longer summary
Scott Alexander examines the puzzling lack of impact on GDP trends despite women's significant entry into the workforce between 1935 and 1985. He explores possible explanations, including data inaccuracies, low-resolution data, substitution of unpaid labor, or contradictions to economic theory. The post also addresses whether women's workforce participation lowered male wages, drawing parallels to debates about immigrant labor. Scott notes the absence of evidence for wage depression and expresses confusion about the economic implications of this major labor force change. Shorter summary