
Brad DeLong hops aboard the “Employers have a Taboo against raising Wages” bandwagon
Brad DeLong hops aboard the “Employers have a Taboo against raising Wages” bandwagon https://ift.tt/2PvfnP4 – by New Deal democrat For Labor Day Prof. Brad DeLong posted a talk on the implications (or not) of the US being near “full employment.” The arguments on a few of the pages will be familiar to readers of this blog: My only significant quibble here is that “Job Openings” rates from both the JOLTS reports and the NFIB (Small Business) survey have been soaring for over 2 years. If employers knew that they had to pay higher wages to attract workers, but didn’t want […]