When wages rise we know that employment declines.
via Chapter 4 Labor Demand Elasticity.
Then, explain how employment (total) and wages (per capita) have risen over the past 30 years….
Category: econocaste
economics .. the short version, since the long is wasted on the young
Spinning Speel
when you make economics the center of the universe, you spend your time trying to keep the circles from collapsing.
Homo Econimus
Is both an idiot and a genius, too.
As described by the econo classed, he is able to get around T, but is also defeated by T. Having your Kate and Edith, too.
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