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Podcast: Band of Traders - Together We Trade
Episode: Informal Economics for Traders, Ep. 3: Labor, Employment and Wage Analysis, Ft. Eric Mason
Description: In Episode 3 of Informal Economics, we start off by answering homework questions submitted to us from the previous episode before tackling labor economics and employment trends. Eric then delves into the concept of price elasticity and its influence on market strategies before shifting the conversation to signals in the labor markets and the breakdown of jobs by sector. He explains the complexity of wage analysis and challenges common misconceptions about minimum wage that digresses into a discussion about trade skills and other college alternativesIf you have any questions for Eric to answer in the next episode...