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Labor Econ Versus the World
258 pages, 2022
economics & politics
987 booksBryan Caplan, who has been writing for EconLog since 2005 and is the author of Open Borders, The Myth of the Rational Voter and Selfish Reasons to Have More Kids, has recently published a collection of his best essays on labor economics titled Labor Economics vs. the World.
In this book, Caplan gives readers a tantalizing bundle of puzzling questions: Why is illegal immigration so low? What's the harm of banning jerky employers? How lazy are professors really? He provides a long list of contrarian answers: Immigration is grossly underrated; education is grossly overrated ("If you don't like it, quit"); "If you don't like it here then leave" does far more for workers than government ever has; and so on.
At the same time he happily embraces unfashionable yet obvious truths: Government regulation kills jobs; most professors have a poor grasp of reality; bourgeois common sense is correct (work hard, plan ahead, and your odds of finding prosperity and joy in the First World are excellent).
Bryan Caplan's book, Labor Econ Versus the World, provides a comprehensive look into the world of labor economics. It's a great resource if you're looking to explore this field and understand how it impacts our daily lives.
Caplan digs into the role of government in labor economics. He argues that government intervention often leads to inefficiencies and suggests that a free market approach might be more beneficial. This is a thought-provoking perspective that challenges conventional wisdom.
One of the key points Caplan discusses is the impact of immigration on labor economics. He presents research that suggests immigration can actually be beneficial for the economy, contrary to popular belief. This is a must-read for anyone interested in the immigration debate.
Caplan also explores the importance of education in labor economics. He argues that education plays a crucial role in determining an individual's economic success. If you're interested in the intersection of education and economics, you should definitely check out this book.
In Labor Econ Versus the World, Caplan doesn't just look at the current state of labor economics, he also speculates on its future. He provides insights into how technological advancements and changing societal norms might shape the field. This is a fascinating look into what the future might hold for labor economics.