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You're arguing that the labor market is distorted by unemployment benefits - that may very well be true. But that doesn't mean there is a "shortage" of people a
by dagenix 5y ago
You're arguing that the labor market is distorted by unemployment benefits - that may very well be true. But that doesn't mean there is a "shortage" of people able to do that job.
- SilasX 5y agoYes, it means there might be a technically inaccuracy in the use of that term [1]. But the substantive point is still sound, and it would be a mistake to miss that point merely because of such a technicality. [1] But even that would be dubious. It’s actually closer to the technical economic meaning of “shortage” when artificial effects prevent exchanges that would otherwise happen.