Our Economic Times: Jobs Creation’s Natural Enemy

This column was published in Savannah Morning News.

In the poignant discussion of the creation and killing of jobs, much is overlooked in the hyperbolic rhetoric that is so casually spewed about in our political environment. When thinking about job creation, one must investigate not only the demographics of our labor force, but also the incentive structure underpinning the employment decisions of our laborers. The career paths followed by our skilled labor shape the future of our economy and the health of its workers. Compelling evidence suggests that the attractiveness of entering a high-skilled job in the manufacturing, technology, or engineering industry, is muted by incentivizing our nation’s would-be entrepreneurs into a bloated financial sector run by disproportionately-paid...