# Labor Econ Versus the World 

**URL:** <https://www.libertarianism.org/podcasts/free-thoughts/labor-econ-versus-the-world>

**By** Bryan Caplan

**Published:** March 18, 2022

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Bryan Caplan joins Trevor to explain how everything from immigration, education, workplace issues, and more are all part of labor economics (and why that matters).

## SUMMARY:

What’s the difference between raising the price of labor and the price of asparagus? Do minimum wage laws influence unemployment rates? What happened to all the company cars of the 1980’s? Bryan Caplan breaks down a variety of reasons regulation is to blame for higher prices and lower earnings.

## FURTHER READING:

_[Labor Econ Versus the World: Essays on the World's Greatest Market](https://www.amazon.com/Labor-Econ-Versus-World-Greatest/dp/B09QF44HHG),_ by Bryan Caplan