3 ms·
why would the labor market be so special? (compared to the generic pharma market, because we have data for that, https://www.fda.gov/about-fda/center-drug-evalu
by pas 4y ago
why would the labor market be so special? (compared to the generic pharma market, because we have data for that, https://www.fda.gov/about-fda/center-drug-evaluation-and-research-cder/generic-competition-and-drug-prices https://www.fda.gov/about-fda/center-drug-evaluation-and-res... )
microeconomics works.
to assume that there is a big effort to fight labor implies things that seem to be simply not true.
what's more likely is that both the wage gains and the inflation are caused by the same thing(s), covid: stimulus, supply chain shocks, missing millions from the labor force coupled with historically low immigration rates (of course due to administrative limits).