Margins of Adjustment (Again)

I posted about my student’s paper on non-employment margins of adjustment before I’d seen Jeffrey Clemens’ paper on the same topic. In the context of the minimum wage, Clemens’ paper invites us to re-capture the “old learning” when process and property rights thinking formed the core of economists’ approach to understanding markets.

3 thoughts on “Margins of Adjustment (Again)

  1. Non-Price Adjustments | CSOC

  2. Everyday Economic Errors | CSOC

  3. The Rest of the Story – CSOC

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