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421. How to Prevent Another Great Depression

Freakonomics Radio

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Navigating Employment Policies in Crisis

This chapter examines key labor concepts during economic crises, highlighting 'don't target' and 'everybody freeze' policies. It explores the effects of generous unemployment benefits on worker behavior and the balance needed between supporting workers and assisting businesses in recovery. The discussion includes strategies like work sharing and the shifting dynamics of employment, particularly the rise of men in nursing and the transition between job sectors.

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