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0 sats \ 3 replies \ @Undisciplined 24 Nov \ parent \ on: Net Job Migration Data - Nat'l Association Realtors econ
As it should, but even amongst government economists there are degrees of wrongness.
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26 sats \ 2 replies \ @Rothbardian_fanatic 24 Nov
Are you willing to lay the problems in theory, or problems with personnel? Or problems with groupthink in the BLS and government?
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20 sats \ 1 reply \ @Undisciplined 24 Nov
What I've heard is that the BLS had more of an explicitly Marxist founding, which still persists culturally. That's why a more neutral organization was created, the Bureau of Economic Analysis, to do less biased work.
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31 sats \ 0 replies \ @Rothbardian_fanatic 24 Nov
If it is a government agency or department, it has the same problems due to the “long march through the institutions”. The communists have taken over most of the institutions, especially for the analysis of economic data. BTW, I think Keynes was a communist and his General Theory is just a justification for totalitarian states.
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