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" "[T]he economy should minimize suffering, while enhancing human dignity and self-worth.
(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.
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Anthropometric history... has the advantage of having an abundant evidential basis beginning with the seventeenth century... This approach acknowledges... the inherent multidimensionality of the concept "" and asserts that the several dimensions might not move synchronously, and therefore they ought not to be collapsed into a single indicator...
They were also disregarding the real true unemployment rate... even in January of 2016, among African Americans 16%... were unemployed... so this is not full employment... and by education, among African Americans [those who did not finish high school] 32% were unemployed. Now you know why the George Floyds get into trouble with the law. They are not able to find their place in the legal labor market. ...So this is what Marty Feldstein and Donald Trump think of [as] a good economy. Not in my view!
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