Alex Tabarrok

Alex Tabarrok < Back to Voices

Alex Tabarrok is a professor of economics at George Mason University. He blogs at Marginal Revolution with Tyler Cowen.

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More by Alex Tabarrok

Economy, Business | 8 years ago

In the Market, Discrimination is Expensive

Discrimination is costly, especially in a competitive market. If the wages of X-type workers are 25% lower than those of Y-type workers, for example, then a greedy capitalist can increase profits by hiring more X workers. If Y workers cost $15 per…

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