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“If you want a simple model for predicting the unemployment rate in the United States over the next few years, here it is: It will be what [Alan] Greenspan wants it to be, plus or minus a random error reflecting the fact that he is not quite God.”

-- Paul Krugman, 1997

Note this does not say "it will decrease if we suddenly invent new productivity technologies".

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Jokes on them. You don’t need MBAs any more. You just need the cash or a credit line.
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