Analyse @mattyglesias's tweets
@mattyglesias
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This is a helpful confusion:
Generous UI does two things. Reduce incentives to work (lower labor supply) and increase consumer spending (higher labor demand).
What the Yale study and others have found is the demand effect dominates under today’s conditions.
Generous UI does two things. Reduce incentives to work (lower labor supply) and increase consumer spending (higher labor demand).
What the Yale study and others have found is the demand effect dominates under today’s conditions.