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Culture War Roundup for the week of April 10, 2023

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Reindustrializing has lead to a surge in jobs in manufacturing, and the machines require code.

Apologies for tacking a quip onto an interesting comment, but this related Paul Graham tweet was one of the funniest things I've seen in a while.

More seriously ... what surge in jobs in manufacturing? FRED data says we're finally back above pre-COVID levels, but nowhere near pre-Great-Recession levels even. In absolute numbers there was a bubble from WWII through 2000 that seems to be thoroughly over; in relative numbers there's just a steady decline that bottomed out in 2010.

When the data changes why do you it a bubble? Isn’t their a fairly obvious other explanation? A productivity boom? We can only consume so much physical stuff. I wouldn’t call agriculture a bubble because employment went from 90% of humanity to 1%. A thousand years ago everyone starved if 1% of people worked in agriculture.

Bubble in the "f(x)=x(1-x) is sometimes called a 'bubble function' on [0,1]" sense, not South Seas / Dot-Com / etc. sense. Sorry for the weird vocabulary. The connotation I was trying to get at was "it's over now and don't expect it to come back", not "it didn't make sense at the time".