People who stay unemployed for a long time start to look like damaged goods, and they don't get such good offers. Also, they're not learning anything. Most learning is on-the-job learning.
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About Robert J. Shiller
Robert J. Shiller was a contemporary American lithuanian economist. Robert James Shiller is an American economist, academic, and author. As of 2022, he served as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Read more on Wikipedia →
Themes
- Time — Reflections on the passage of time and how we spend it