Should-Read: Paul Krugman: Structural Unemployment: Yes, It Was Humbug: “Ancient history… but five years ago there was a remarkable Beltway consensus that high unemployment was structural… https://krugman.blogs.nytimes.com/2017/08/04/structural-unemployment-yes-it-was-humbug/?_r=0 …mismatch between the skills workers had and the skills the economy needed. What made this consensus remarkable was that all the evidence pointed the other way: none of … Continue reading Should-Read: Paul Krugman: Structural Unemployment: Yes, It Was Humbug