At Least This Myth is Stable
9 March 2007
Editor, The Washington Post
1150 15th St., NW
Washington, DC 20071
Dear Editor:
Harold Meyerson asserts that American workers today have less job security than they enjoyed in the past ("'Family Values' Chutzpah," March 9). This assertion is incorrect.
MIT economist Daron Acemoglu examined the data and found that "despite the popular perception to the contrary, there has not been a large increase in employment instability. The tenure distribution of workers today looks quite similar to what it was 20 years ago."
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Editor, The Washington Post
1150 15th St., NW
Washington, DC 20071
Dear Editor:
Harold Meyerson asserts that American workers today have less job security than they enjoyed in the past ("'Family Values' Chutzpah," March 9). This assertion is incorrect.
MIT economist Daron Acemoglu examined the data and found that "despite the popular perception to the contrary, there has not been a large increase in employment instability. The tenure distribution of workers today looks quite similar to what it was 20 years ago."
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on
Monday November 5, 2007 at 11:48am