Thursday, May 10, 2007

Want to watch an extremely educated man get something totally wrong...

Mankiw on Living Wage....

But luckily in the comments section someone shoots a hole in his detached objective self assurance...

Of course, while Harvard's job is not to re-distribute income, its job is also not to employ people. So what do you care if in the long-run it hires fewer, more skilled people?

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