#Wages

Lukas Clark-Memler

lclarkmemler

Big Mac in the US: $5.66Big Mac in Denmark: $4.90Arguments against raising wages aren't based on economics but a deep disdain for the working class.Source: Big Mac Index January 2021

Arash Kolahi

ArashKolahi

One of the most propagandized, weaponized & misunderstood concepts in economics is inflation.It’s also one of the most important.In this thread, we will cut through the lies about inflation &

Matthew Wilson

MGWilsonEcon

On MR today, Cowen says: “all economic theories imply that minimum wages should be decided at the state and local level, given the economic heterogeneity of the United States.”https://marginalrevolution.com/marginalrevolution/2021/01/fe

Coll is NEWLY concerned🐬🦔

BookSyrup

This capitalist system has forced us to rely on our wage labor to survive. When an employer is taking advantage of workers, which is always inevitable, and the employees are

𝕁𝕠𝕤𝕖𝕡𝕙 𝕄𝕚𝕥𝕔𝕙𝕖𝕝𝕝

josephgmitchell

The Government has fired the starter's gun on cutting the legislated increase of the super guarantee. Now we're going to hear a bunch of bullshit about how increasing super is

🇧🇧 Ethereal Bisexual Chanda Prescod-Weinstein

IBJIYONGI

Part of the ecosystem we need to contend with is that the federal grants from which many research assistants and postdocs in science are paid set the pay for RAs

💛🐝Ebony Edwards-Ellis💛🐝

Eedwardsellis

Thanks for participating in my thought experiment. Some of you immediately guessed what I was getting at so I hid your replies from the others. (Sorry.)...For the others...https://twitter.com/Eedwardsellis/status/1304820155403337734 An expl

Alfredo Paloyo

AlfredoPaloyo

I worked on an earlier version with Hanna Frings (@RWI_Leibniz) and Philipp vom Berge (@iab_news) of a paper looking at an industry-specific min wage in Germany. The disemployment effect turns

Zach Carter

zachdcarter

These negotiations are absurd. The country is on fire and the chief concern for Senate Republicans is that unemployed people have too much money.https://twitter.com/JStein_WaPo/status/1287762701507334151 Sure guys, the unemployment rate is

Shaun

shaun_vids

no one should live in poverty. yes, even people who do no work at all someone who does nothing but stare at a wall all day has a much more

Shane Littrell 🧠

MetacogniShane

I mentioned this elsewhere but wanted to post here too. Might want to reconsider using old 3 CRT q's for online studies. Much has changed in past few years.Many current

Marshall Short

PrintableHeroes

If you exist in the US economy you will only benefit if more Americans are out of debt. Rather then throwing money in a pit of debt they'll spend it

Arindrajit Dube

arindube

This short thread summarizes my thinking the perennial question about minimum: "how high is OK?"Tl;dr: we don't yet know, and that's ok.1/ First of all, in the US, the $7.25

Litebox

litebox_info

We've been looking over the submissions that come in & trying to find patterns. One thing that jumped out was the immense disparity in rates for the same kind of

Âbdallāh

irenicpoet

Something interesting I’ve been coming across in my labor history studies from an Islamic context: wages seemed to have been specifically for those under contracts of indentured servitude (which people

Dr. Rob Davidson #WearAMask

DrRobDavidson

As an ER doc in a #pandemic, I've been called an “essential” worker. Same for baggers at grocery stores, bus drivers & cleaning crews. But as the virus rages &

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