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Try, Try Again
Some businesses fail, and people lose jobs. So politicians say, “We must protect workers!” Some states expanded the WARN Act, making it harder to lay off workers. But there’s a downside to protection, says economist Allison Schrager. “There is no prosperity, no growth … no ‘upside’ without risking loss.” Schrager’s new book “Worth the Risk”...
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First reported by Scientific American at · 3 outlets in all
- Daily SignalTry, Try AgainSome businesses fail, and people lose jobs. So politicians say, “We must protect workers!” Some states expanded the WARN Act, making it harder to lay off workers. But there’s a downside to protection, says economist Allison Schrager. “There is no prosperity, no growth … no ‘upside’ without risking loss.” Schrager’s new book “Worth the Risk”...
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