True True 1 1 1 10 True False False SURESH NAIDU Load More Podcast Why Labor Market Model Falls Short For decades, the standard labor market model has been ruled by supply and demand, but a younger generation of labor economists is questioning that approach. Suresh Naidu is a Professor of Economics and International Public Affairs at Columbia University. In this podcast, Naidu and journalist Rhoda Metcalfe discuss why today’s labor market model sometimes fails to reflect the real world. SURESH NAIDU Labor | March 2024 Labor Market Model Paints an Incomplete Picture The traditional economic model of how wages are set fails to reflect the real world SURESH NAIDU See Also Magazine Archives Country Focus Blogs