A Fairness Trilemma in Hiring (opens in new tab)

Economists like to draw triangles. In trade, you can’t have high tariffs, no retaliation, and unchanged prices. In monetary policy, you can’t fix interest rates, fix the money supply, and promise perfect stabilization. In hiring under unequal starting conditions, there is a similar triangle that most debates about fairness in hiring glide past. When firms […] The post A Fairness Trilemma in Hiring appeared first on Econlib.