In a recent social media exchange, two renowned economists, Paul Krugman and Betsey Stevenson, engaged in a thought-provoking discussion about the problematic nature of the term “unskilled labor.” What Happened: Krugman, a Nobel laureate, responded to Stevenson’s post, agreeing that the term is often misused. He stated on X, “Often used as shorthand for workers without college degrees, but being a good plumber, carpenter, or child care worker can require a lot more fundamental human skill than being a Wall Street trader or, yes, a college professor.” Krugman’s comments were in response to a po…
