
Despite High Unemployment, A Worker Shortage
All Things Policy
00:00
The First Market Failure
Don't you think at this is a kind of senaria war? There needs to be some regulation, something which there's something wrong here. I don't think you can correct it by imposing minimum wage laws. You can't correct it by doing you'll just probably lose out more employment. That's the first market failure that i itan. The other bits, i think, will just follow from thete so all types of things about working conditions, amount of wages, all that follows from this fundamental situation. But in the short run, i see some of the at least. solutions,. which may succeed in the long run, but in the short-term they're not going to
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