Krugman

Posted: September 5, 2014
By: Clay Cerny

 

Conservatives and Neoliberals often blame unemployment on the skills gap, the claim that jobs are open because workers are not able to fill them. Paul Krugman takes this claim apart by pointing to the most deadly thing of all – facts. Using economic data and a tool called the Beveridge Curve, Krugman shows that the rate of unemployed based on skills is its usual rate. Rather than blaming workers for not being skilled, shouldn’t we be debating better ways to train workers and educate students? Shouldn’t we be talking about how to invest in the future?