Monday, August 13, 2012

Brad DeLong — Caijing: Hopeless Unemployment


Brad DeLong on the global economy and Great Depression. Emphasizes the cost of unemployment, especially long term unemployment that affects the participation rate negatively.

Caijing (English)
Hopeless Unemployment
J. Bradford De Long | Professor Economics, UCAL Berkeley

1 comment:

Major_Freedom said...

Government intervention in the form of 99 week paid holidays has had detrimental effects?

Get out.