"Where have all the workers gone?"

Inflation, market fundamentalism, and our underground economy.

Guess the hourly wage. (unk's dump truck, cc by SA 2.0/ Creative Commons.

12 NOVEMBER—An abiding conundrum for policy makers as we emerge from the Covid–19 pandemic is the ongoing shortage of workers and the corresponding fear that today’s inflationary problems are less than transitory—and that they are more a product of decades of degraded social capita…