The Labor Market Is Broken in Almost Every Conceivable Way
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The Labor Market Is Broken in Almost Every Conceivable Way

Adapt or die. It’s a phrase I’ve been hearing for years, and usually in reference to someone’s career or trade. Typically, it’s spoken by a born-on-third-base type with a degree of arrogance while they talk about a “right-sizing” or “restructuring.” As much as I hate to admit it, they’re usually right. You don’t, for example,…

How The Benner Cycle Predicts 100+ Years of Market Movement

How The Benner Cycle Predicts 100+ Years of Market Movement

Samuel Benner was a farmer from the 1800s who wanted to understand how market cycles worked. In 1875, he published a book forecasting business and commodity prices. He identified years of panic, years of good times, and years of hard times. Panic Years: These are years when the market panicked, either buying or selling a stock…