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Frank and Ernest

Published 2018-03-11 (Image 169664)


Sometimes economists come to counter-intuitive conclusions.  That happened when Professor Ernie did a case study on a small city.  They have a thriving top-notch medical center which was adding lots of surgical staff.  Firms prepping diamonds for jewelry and movie-editing companies are relocating to the city.  And the sawmill was adding a shift.  Now hiring.  His seemingly illogical conclusion now makes sense.  With "cutting jobs" they saw increased levels of employment!

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