Joe,
Are you sure this AEI article you discuss in your post wasn’t written by the Center for American Progress?
For those that haven’t clicked on the link, the article argues for government intervention in labor markets through work-sharing:
The idea is simple. Currently, firms mostly respond to weak demand by laying off workers. Under a work-sharing program, firms are encouraged by government policy to spread a small amount of the pain across many workers.
I wonder if AEI ever considered that firms (and not government) may know best how to run their firms. From this article, the answer must be no.
