3 ms·
where did I say that prices are lower? I’m expressioning skepticism that a whopping 24% increase in hiring is due only to demand increases, which you heavily im
by remarkEon 8y ago
where did I say that prices are lower? I’m expressioning skepticism that a whopping 24% increase in hiring is due only to demand increases, which you heavily implied is the case. How much more would wages rise here if we weren’t artificially increasing the supply like this? We could certainly find out, if we wanted. But that would require some policy changes that are not popular to employers who are, incidentally, not interested in letting wages rise.