new Bloggingheads with Reihan and Rortybomb
I’m happy to say that a favorite of mine, Rortybomb– aka Mike Konczal (whose real name I didn’t know until I saw this)– has made his Bloggingheads debut, and alongside the always brilliant Reihan, to boot. Rortybomb writes with a real clarity about very complicated subjects, and used to comment at my old digs.
In the above excerpt, Mike and Reihan talk about something that, frankly, haunts me, the specter of permanent high American unemployment. I really do think that at least minimally compensating employment is an absolutely essential element of the American social contract, and I deeply worry about the kind of political consequences of a European-style permanent high unemployment rate without the attendant European social programs. Something about basic economics that I’ve never understood is why it’s necessarily the case that increased innovation won’t simply erode the necessary number of jobs in society. I’m not smart enough to know what’s going to happen, so it’s nice to listen to two smarter people consider the issue.