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Tomer Stern's avatar

When comparing America to its poorer European peers, like Italy and Spain, which occupations are to blame for their poor performances?

Are their mechanics worse at fixing cars? Are there teachers not as good at instructing students? Are there builders not as good at hammering nails?

Or is it that their capital is allocated less efficiently? People like to make fun of email jobs as bullshit, but living in a country where your bullshit jobs are done well seems to matter a lot!

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Jiageng Liu's avatar

Can you also talk about the inequality effect of the shift?

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