Transcript: Angus Deaton
Barry Ritholtz
APRIL 2, 2024
00:26:56 [Speaker Changed] Well, that what economists call that is monopsony, which means they have some power over the workers, so they can actually deliberately lower their wages because it’s hard for the workers to go somewhere else. Tag on top of that for healthcare. ’cause there’s an $11,000 Right.
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