The wisdom of Garett Jones

On wage subsidies:

True, would likely boost employment rates. But note: if it works, it means current low employment rates are largely supply-side & voluntary.

Here is the link, and here is Garett’s follow-up tweet.  Here are previous installments in the series.

I would note that it is oh so hard for people to keep consistent views on labor markets (e.g., minimum wage vs. wage effects of immigration, or how about minimum wage vs. nominal wage stickiness?).  Those moods and emotions keep on getting in the way…


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