Tag Archives: labor markets

Economists Oppose Immigration Because “Dey Took Our Jerbs!”

The Bogus High-Tech Worker Shortage: How Guest Workers Lower US Wages | The Business Desk with Paul Solman | PBS NewsHour | PBS. Don’t let the big words and the scientific sounding rhetoric fool you, this piece by Hal Salzman, … Continue reading

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Outsourcing Is Good

This excellent short video by the Cato Institute does an excellent job describing how outsourcing benefits Americans.  Very relevant to the recent posts on labor markets, as well as the economic nonsense being peddled by the two Presidential candidates.

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Why Not “Equal Pay for Equal Goods?”

Now that we’ve established that labor markets aren’t special, it’s time to extend this reasoning to the “equal pay for equal work” discussion. If labor is a good that is exchanged just like any other, than we can easily make … Continue reading

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Labor Markets Aren’t Special

The laws of economics are universal.  They apply to all markets, everywhere, at all times.  At times, governments or other hostile forces may restrict certain markets in particular ways to cause them to be unique, but the general laws still … Continue reading

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