generation limbo thread - limbo in the sand

reading it again I think we're just interpreting 'constrain' differently but he prob shoulda said 'constrained by' not 'constrained at'

yeah i realized that at some point too. i keep writing things and then giving up on them but: i think in part this argument tries to have 'friction' effects both ways - i.e. his argument abt the marginal worker vs the idea of the spillover effects (cities as economic aggregators?). idk its all a tangle atm, and while i think hes essentially right abt the big things (and theres lots of good data out there backing this up) im not sure that migration/housing is all that impt...

actually: i think the real problem is that, for a bunch of reasons, low job growth is intrinsic to 'high productivity tradable industries' at least atm so im less concerned abt value being 'siphoned' off by transfers or limited by housing stock?

yeah I agree, I think RA's going for a single narrative when there are really a lot of things going on. he's an urbanist and so he's gonna be tempted by the most urbanist-friendly narrative. but yeah the macro level productivity-eating-up-job growth, automation, outsourcing, there are lots of things going on for sure. (I'm more concerned about the lack of urban housing stock when it comes to future resource depletion / need for transportation efficiences than w/r/t economic productivity but I think he's trying to attract the Economist audience?)

this is just econ not really limboish but I'm finding it interesting, not always convincing but a different pov, dude comes from the notre dame heterodox school:

http://www.nakedcapitalism.com/2011/12/philip-mirowski-the-seekers-or-how-mainstream-economists-have-defended-their-discipline-since-2008-%E2%80%93-part-i.html
http://www.nakedcapitalism.com/2011/12/philip-mirowski-the-seekers-or-how-mainstream-economists-have-defended-their-discipline-since-2008-%E2%80%93%C2%A0part-ii.html

and relating to what hurting was talking about earlier:

http://rortybomb.wordpress.com/2011/12/20/could-dismantling-the-submerged-state-surrounding-student-debt-pay-for-free-colleges/

http://www.reuters.com/article/2011/12/27/us-studentdebt-middleage-idUSTRE7BQ0T620111227