5min chapter

Free Thoughts cover image

Labor Econ Versus the World (with Bryan Caplan)

Free Thoughts

CHAPTER

Is That a Valid Trade Off or a Valid One?

David Frum: The european system is very bad for human happiness over all. He says the extra payoff that people get from higher wages, in terms of happiness ju isn't that much. In many countries it's more common for employers to give you free housing rather than a subsidized income. This is not just about the money but also about having something to do with your life and feeling useful.

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