Sunday, December 22, 2013

More on why the US should raise the minimum wage


Note that in percent of the median wage the US is at the bottom of the list (Estonia is the only lower in the graph above). Enough said.

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Surplus approach, Historical Materialism, and precapitalist economies:

New Paper by Sergio Cesaratto on a topic closely related to what he has discussed here before. From the abstract: In the classical economis...