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Alex Nowrasteh's avatar

Wonderful piece. Just a small suggested correction to this line:

“The scarcity of labor increased demand and wages for the survivors.”

Demand didn’t increase. The supply of workers decreased, which decreased the quantity demanded. But since the demand curve for labor is slightly downward sloping, the movement of the supply curve result in higher wages.

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Garry  Bennett's avatar

A really well written article. I think that the Good Doctor himself would have been proud to have it associated with his name. (I read “World Of Carbon” in 1958 while in high school, and am now an 81 year old retired chemist. The Good Doctor was a GOOD writer!)

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