If Revisionist UI Models Are Wrong, So Are Revisionist Minimum Wage Models

The Hagedorn, Manovskii, and Mitman working paper on the effect of unemployment insurance (UI) on employment has been getting a lot of press lately. In brief, they find that the end of the federal unemployment insurance extension accounts for about 1.8 million new jobs in 2014. Mike Konczal does a useful deep dive on the … Continue reading If Revisionist UI Models Are Wrong, So Are Revisionist Minimum Wage Models

A Fallacy of Mood Affiliation

If you knew that a person believed that corporations primarily like to outsource production to poor countries to get lower labor costs, what would you predict about that person's view on whether the minimum wage has significant disemployment effects? Just from my observation of the world, I would predict that people believing that low labor … Continue reading A Fallacy of Mood Affiliation

Right-to-Work: An Inflammatory Analogy

Left-libertarians are dismayed at the support most libertarians and classical liberals have been giving to right-to-work laws, which withdraw recognition from clauses in collective bargaining contracts that require all employees in a workplace to pay agency fees to the union that represents that workplace. Many libertarians have supported right-to-work laws on the grounds that they … Continue reading Right-to-Work: An Inflammatory Analogy