The “Not Enough Jobs” Scenario: An Economic Fallacy (But Possibly an Accurate Forecast)
Posted on August 13, 2015 by Dr. Mark W. Hendrickson
Once again, a scholar with impressive credentials is broadcasting the gloomy notion that Americans face a job-poor future. The insufficient-jobs scenario appeared in George Mason University economist Tyler Cowen’s book “Average Is Over” a couple of years ago. It resurfaced again recently in the Pittsburgh Tribune-Review. Vivek Wadhwa, “a fellow … director of research … […]
