Optimist Economy Q&A Part 2: Working Two Jobs, Incentives vs. Handouts, the Gold Standard, and Government ROI
Jul 31, 2025
Economist Kathryn Edwards returns with intriguing insights. She argues against the gold standard's potential comeback, citing historical economic challenges. The conversation shifts to workplace dynamics, emphasizing the impact of holding multiple jobs and the need for better employee mobility. Evaluating government spending poses its own challenges, blending traditional metrics with qualitative insights. The discussion also touches on the lighter side of yoga poses, mixed with personal anecdotes that bring joy and humor to serious topics.
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Gold Standard Limits Monetary Policy
- Leaving the gold standard gave the U.S. independent monetary policy, essential for managing the economy.
- The gold standard restricts monetary flexibility and was a factor in economic turmoil during and after World War I.
Two-Job Trend and Employer Tactics
- Multi-job holding rates have not increased much in 30 years, though worker demographics might be shifting.
- Employers sometimes use petty scheduling tactics, like minimizing breaks to avoid extra costs.
Rethink Employer-Based Benefits
- Question the practice of tying vital benefits like health insurance to employment status.
- Consider reforming employer-based benefit models to better serve workers’ needs.
