how many clusters or nodes form in the market?
how distinct are they; well shaped?
most first pass analysis can determine groups of 3 — low, mid, high. typical numbers for ‘skill’ or ‘desire’ based goods can be clustered following the fives: 5, 50, 500
Category: econocaste
economics .. the short version, since the long is wasted on the young
A tollgate society
The culture of caste created by access points. Privilege privatized. That is y/our future; it is Texas now. Edge less, but gated.
People gathered, segregated by money. You are what you make; how much you have. By filling them, we empty ourselves.
Texas, the new anarchy of empty. A valley with empty libraries.
what economists fail to understand
When wages rise we know that employment declines.
via Chapter 4 Labor Demand Elasticity.
Then, explain how employment (total) and wages (per capita) have risen over the past 30 years….
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