Why central bankers want higher unemployment
The David McWilliams Podcast
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How to Be More Eco-Friendly in the Global Economy
John Defterios: Where have all the workers gone? He says businesses in Ireland, UK and U.S. say they can't get people to do their jobs. This is an immorality of economists' perceptions of unemployment, he says. "Economics at its fundamental essence is about scarcity," writes Defterios.
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