Tag: occupational licensing
Creative destruction made my iPod obsolete
May 9, 2017 | Post
With each disruptive innovation comes progress when consumers prefer newer products or processes over what came before.
Why Is Unemployment Persistently High for Low-Skilled People?
December 28, 2015 | Post
A student recently asked me why unemployment remains so stubbornly high, especially for lower-skilled people. Here’s an adaptation of my answer. No one can know for sure the precise causes of unemployment; the economy is a fantastically complex system, like an ecology but still more complex, so unemployment is sure to have a variety of […]