Editing Borjas Rectangle Theory

<blockquote>
At that point, I also became aware of what I have termed the '''Borjas Rectangle Theory''': that is that employers generally, in free market economies, when they’re complaining about labor shortages, are actually trying to transfer wealth from labor to capital, complaining instead that there is a small inefficiency that needs to be rectified, which we might call the Harberger Triangle. So that is, employers claim that there’s a small inefficiency, but in fact, they’re seeking large transfer payments from the vulnerable to the well-heeled.

'''- Eric Weinstein''' on [https://theportal.group/25-the-construct-jeffrey-epstein/ The Portal Ep 25 ~09:37]
</blockquote>

{{#widget:Tweet|id=942821656451457024}}

[[Category:Ericisms]]