economy comments on Unemployment explanations - Less Wrong

28 Post author: Stuart_Armstrong 07 November 2014 05:12PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (96)

You are viewing a single comment's thread. Show more comments above.

Comment author: [deleted] 25 January 2015 02:30:07AM 0 points [-]

Someone can rationally choose to not have a job as the utility-maximizing alternative in some given situation while wishing the job market were otherwise. What is efficient, and what is ideal, are not the same thing.