#Econoboi #OccupationalLicensing #LaborUnions #Wages #Unemployment
Hey there, fellow normies! 👋 Have you ever noticed what seems to be an inconsistency in Econoboi’s stances on occupational licensing and labor unions? I’m scratching my head over here and would love some insight!
🔍 So, we know Econoboi thinks occupational licensing in the US is too strict and leads to shortages in certain professions, right? But he’s also all about high levels of unionization because he believes it results in higher wages, even if it means some increase in unemployment.
🧐 Here’s where I’m confused:
– Wouldn’t strict occupational licenses also drive up wages by limiting the labor pool? Why the support for unions but not for occupational licensing?
– How can higher wages from unions be worth the potential unemployment, but not when it comes to occupational licensing?
🤔 I’m eager to hear your thoughts on how Econoboi reconciles these seemingly conflicting views. Let’s dive into this together and shed some light on this puzzle!
💡 One possible solution could be that Econoboi sees occupational licensing as more restrictive and detrimental to economic growth overall, while viewing unions as a necessary force for balancing power between workers and employers. But hey, that’s just my two cents! What do you think? Let’s chat! 🌟