In Episode 3 of Informal Economics, we start off by answering homework questions submitted to us from the previous episode before tackling labor economics and employment trends. Eric then delves into the concept of price elasticity and its influence on market strategies before shifting the conversation to signals in the labor markets and the breakdown of jobs by sector. He explains the complexity of wage analysis and challenges common misconceptions about minimum wage that digresses into a discussion about trade skills and other college alternativesIf you have any questions for Eric to answer in the next episode, please send them to [email protected], or DM us on twitter or Discord!Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at [email protected] or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at [email protected] Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About Eric:Eric is a practicing labor economist, who currently works as a chief financial officer for the city of Quincy, Ma. His area of research focuses primarily on small business and macroeconomics trends. Eric has a special interest in historical economics, cliometrics and steers clear of ideological hardlines, preferring to use empirical analysis in his appearances.theinformaleconomist.com - Eric Mason's WebsiteFollow Eric on LinkedInFollow Eric on TwitterPrevious Episodes with Eric MasonMr. Banks:Working as a commercial banker and trading on the side helped Mr. Banks develop his trading style into what it is today. As a banker, his main thought is: “What’s the worst that can happen and how can I mitigate that risk?” Taking that same thought process into trading has made him focus more on his trade setups. Trade with confidence, trade what the market gives and limit the unknown factors. Follow Banks on TwitterOther Links:Social Explorer - Website linkAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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