Blogging time has been in short supply lately. To compound things, I've had a bunch of inter-woven ideas bouncing around in my head that I want to explain, but I've been struggling to figure out how to do it. I've been stuck in the "can't explain this until I explain that which in turn needs … Continue reading Politics and Job-Creation Policies – Disagreements and The Theories Behind Them
So following up on my post on the types of unemployment, when unemployment is high, how do we know if it's due to structural or cyclical causes? The answer is important because it tells us what kind of policy actions to take. Do we need stimulus? (addresses cyclical), or do we need job-retraining, relocation, and … Continue reading Is Our High Unemployment Structural?