economy comments on Unemployment explanations - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (96)
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.