Topic: Unemployment

AI Eases Its Own Labor-Market Transitions

– June 11, 2024

“Not long ago, search engines like Google were not understood by the masses, which forced people through experience to learn how to ‘Google’ webpages in the proper way. Submitting a search query is similarly a new language to learn, just like prompting a language model.” ~Samuel Crombie and Jack Nicastro

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Creating So Many Jobs that Destroy Wealth 

– May 22, 2024

“Many of the jobs created directly or indirectly by government policies impose net costs on society rather than producing benefits, which worsens rather than improves Americans’ wellbeing.” ~Gary M. Galles

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They Can Afford It!

– May 1, 2024

“Even companies with unusually high net worth cannot, in fact, afford to pay workers more than those workers contribute to the companies’ bottom lines.” ~Donald J. Boudreaux

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Weaving Stable Neighborhoods

– April 29, 2024

“It’s simply unconscionable that so many of us continue to invest our charitable time and treasure into projects that undermine social cohesion rather than building it.” ~Rachel Ferguson

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Sanders’s 4-Day Week Will Kill Flexible Jobs

– April 29, 2024

“Many Americans juggle multiple or part-time jobs to make ends meet. This policy would add another layer of complexity and constraint in a market that requires more flexibility, not less.” ~Vance Ginn

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Big-Government Welfare Crowds Out Beneficial Social Behavior

– April 11, 2024

“Means tested welfare necessarily crowds out the poor from productive employment by substituting government grants for family earning and community support.” ~Donald J. Devine

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Assessing Bidenomics: The Fatal Conceit of National Commercial Policy

– April 2, 2024

“Roughly 50 cents out of every dollar of economic activity in the US is controlled by a government, rather than an entrepreneur, consumer, or investor. That is bad news for efficiency and growth. It’s also bad news for liberty.” ~Nikolai G. Wenzel

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Did Government Red Ink Make the US More Dynamic than Europe?

– April 1, 2024

“The new ‘reshuffling’ thesis of American recovery doesn’t make much sense on the evidence. It serves a convenient political purpose, helping to justify massive federal stimulus.” ~Jason Sorens

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Correlation Is Not Enough

– March 22, 2024

“The ‘look here, too’ method provides a valuable check on statistical interpretations adopted because they advance someone’s agenda, rather than accuracy.” ~Gary Galles

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Can Prosperity Feed Perceptions of Poverty?

– March 20, 2024

“The only sense in which the American middle-class is disappearing economically is that an ever-increasing percentage of American households earn annual incomes that are in the upper brackets.” ~Donald J. Boudreaux

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Industrial Policy Indignities

– February 20, 2024

“Some low-value-added manufacturing, once economically sensible to do stateside, should now take place elsewhere. The alternative is tying up American workers in less-than-productive jobs.” ~David B. McGarry

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Chris Rock Portrays the Tragicomedy of the Minimum Wage

– January 15, 2024

“Much has improved in race relations since Martin Luther King. But the same cannot be said of the laws governing labor markets.” ~Scott Drylie

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