Curtailing labor supply is a terrible way to boost wages | Curio

Curtailing labor supply is a terrible way to boost wages

13 mins | Dec 14, 2021

The ultimate leaky bucket. This instalment of Slow Boring explores the issues with adverse labour supply shocks. Here, Matthew Yglesias analyses the general problems with labour supply, why this deadweight loss is bad and why they have become an example of a highly leaky bucket. He also reveals why he believes that immigration is an economic benefit that could help patch these issues.

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From Matthew Yglesias

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