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Cake day: May 1st, 2024

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  • Economic models keep most numbers fixed to simplify their math. They call it ceteris paribus.

    So when economists claim that increasing wages will reduce the amount of jobs, they came to that conclusion by keeping corporate profits fixed while doing their math. So any business expense is paid for by reducing workers or wages.

    In the real world corporate profits are not fixed and have grown faster than wages for decades.

    Keep that in mind if an economist ever tries to claim increasing wages will reduce the quantity of jobs.



  • UsernameHere@lemmy.worldtoTechnology@lemmy.world*Permanently Deleted*
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    21 days ago

    Right, the centralized control systems that get bloated with software are not unique to EVs. Like I said. And those centralized control systems have more inputs and outputs to interact with on an ICE than on an EV because an ICE has more components.

    I’m not a hobbyist. I was a master automotive mechanic for over 20 years and I am now a software developer. I feel the need to say this because you are restating the same points I already address in a more verbose way as if you are hoping to make it sound too complicated for the average person to refute.