Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
How do you make a job with mediocre compensation a high-paying role? You get the federal government to subsidize uneconomic raises! Welcome to the upside-down world of industrial policy, where the White House regulates so as to create wages for green workers that otherwise be unaffordable. Ultimately, the taxpayer pays the bill for the financial folly.
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