Economic equilibrium does tend to render most of those types of extrapolative pr... | Hacker News

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theseatoms on Aug 23, 2017 | parent | context | favorite | on: Aging Japan Wants Automation, Not Immigration

Economic equilibrium does tend to render most of those types of extrapolative predictions moot.

Tsagadai on Aug 23, 2017 [–]

Nothing in economic history has ever indicated that economics is equilibrium seeking. Capitalism is all about growth and equilibrium is stagnation.

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