August 30, 2010
Whatever you incentivize, you get more of

I mentioned economist Richard Barro’s work a month ago in the context of the ludicrous claim that a $1 of unemployment insurance spurs $1.63 of economic activity. Barro is back today with another op-ed in The Wall Street Journal on the tricky subject of unemployment insurance. Here’s the key number: To get a rough quantitative […]

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