Should-Read: I find Jason Furman totally convincing here. Which raises the question: what are those he is criticizing thinking? More distressing, perhaps, is Jason’s defensive “(warning: irrelevant nerdy thread)”. If economists’ models are worth anything at all, it is only because you take the time to understand them and do them right… Jason Furman: Wage … Continue reading Must-Read: Jason Furman: Wage Increases Under the Unified Framework