Labour force participation is ambiguous but important index of how a capitalist, wage labour based society is doing. As @COdendahl points out in this great piece both EU and US have room to grow. Most output gap measures are nonsense! H/t @RobinBrooksIIF
cer.eu/insights/europ… https://t.co/xePxDlk3wm
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…