Krugman Begs the Question: Why Isn’t the Labor Market Clearing?

Krugman's argument that paying people not to work isn't exacerbating unemployment just begs the question of why the labor market isn't clearing.

The post Krugman Begs the Question: Why Isn’t the Labor Market Clearing? appeared first on Jeremy R. Hammond.

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Published on April 19, 2014 05:00
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