A Comment About

Unemployment Can Be a Good Thing

May 5, 2008 - 12:00 am - by Tim Worstall
Akatsukami
2008-05-05 14:51:30

But, redherkey, is this underemployment in the sense in which andrew uses the term? What wage would your neighbor’s son-in-law, and the two dozen or so casual laborers and junk men in your town accept (with, of course, being entered into the tax system…and getting Federal and probably state income tax, FICA, and Medicare withheld)?