3min chapter

Animal Spirits Podcast cover image

Is Twitter Dead? (EP.316)

Animal Spirits Podcast

CHAPTER

The Implications of the Great Resignation

The next time something happens, people are going to overcorrect because of what happened this time. I think we've shown that if you pay people more money, especially on the lower end, they're going to come back to the labor force and work. In just two years, the economy undid about a quarter of the increase in inequality since 1980 between the top and the bottom income.

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