Mike talks with Bryan Caplan, Professor of Economics at George Mason University and a prolific and always interesting blogger for Econlog. He's the author of multiple books, three of which Bryan and Mike have discussed on previous episodes: The Myth of the Rational Voter (interview), The Case Against Education (interview), and Open Borders (interview). Today they discuss Bryan’s latest book Labor Econ vs The World: Essays on the World's Greatest Market.
Topics Mike & Bryan discuss include:
what labor economics is and why it stands against the world
if politicians are irrational and wrong or rational and deceptive
the problem with almost all government regulations
how the minimum wage hurts workers (and everyone else)
the largely illusory gender and race pay gaps
the questionable value of higher education (for most people)
why open borders would be a good thing for America (and the world)
CBO Interactive Minimum Wage Modeling Tool
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