Had the idea for this video after watching a couple of episodes of the Bob Murphy Show. In the first, Bob has Oren Cass on. Oren did some really excellent work debunking the economic hysteria around climate change, but these days he seems to be going down an oddly protectionist pathway. Bob lets him talk without too much pushback (because Bob’s a nice guy and is genuinely interested in giving opposing views a fair shake).
Then, in the second episode, Gene Epstein takes Bob out behind the woodshed and beats him about the head and shoulders (figuratively). Gene’s main thrust has two points: 1) Some of Cass’s data are misleading because the definitions provided by BLS are so vague that many employers are simply not answering, and 2) Cass is using two different inflationary measures on some of his other data, and the effect he’s claiming goes away if you just use nominal dollars consistently.
However, most of what they talked about was data, and I think Cass’s theory needs some pushback, too, so that’s what I did. Enjoy!
My video is also available on BitChute.