Thanks.
CB
>>> Rod Hay <[EMAIL PROTECTED]> 03/30/00 09:43PM >>>
In fact, profits don't have to go down. There is amble historical evidence that high
wage economies growth faster than low wage ones. In that case wages and profits can go
up at the same time. Your
statement is true only in a stat
In fact, profits don't have to go down. There is amble historical evidence that high
wage economies growth faster than low wage ones. In that case wages and profits can go
up at the same time. Your
statement is true only in a static economy.
Charles Brown wrote:
>
>
>
>
> CB: This
There is another argument on the issue of comparative unemployment rates
to rebut Krugman. The U.S. and European countries calculate their rates
differently. We include involuntary part-time workers, while excluding
discouraged workers, the nearly 2 million in prison, and the military.
If you f
>>> Jim Devine <[EMAIL PROTECTED]> 03/30/00 04:40PM >>>
At 03:55 PM 3/30/00 -0500, you wrote:
> >>> Jim Devine <[EMAIL PROTECTED]> 03/30/00 03:06PM >>>
>quoth Krugman, in yesterday's NY TIMES: >For example, how do you feel about
>the "living wage" movement, which in effect wants a lar
At 03:55 PM 3/30/00 -0500, you wrote:
> >>> Jim Devine <[EMAIL PROTECTED]> 03/30/00 03:06PM >>>
>quoth Krugman, in yesterday's NY TIMES: >For example, how do you feel about
>the "living wage" movement, which in effect wants a large increase
>in the minimum wage? That would certainly inc
>>> Jim Devine <[EMAIL PROTECTED]> 03/30/00 03:06PM >>>
finally> Is there any way out of the dilemma? Well, East Germany had full
employment without a rat race -- but it fell a bit short in the life and
liberty departments. I'd say that given the alternatives, the American
system, though not
>>> Jim Devine <[EMAIL PROTECTED]> 03/30/00 03:06PM >>>
quoth Krugman, in yesterday's NY TIMES: >For example, how do you feel about
the "living wage" movement, which in effect wants a large increase
in the minimum wage? That would certainly increase the incomes of the
lowest-paid wor
JD on Krugman re: the living wage . . .
it's interesting that he totally ignores the research that Bob Pollin and
others have done in answer to Krugman's previous criticism of living wages
along this line.
Doubly interesting because he wrote a very
friendly review of Pollin's boo
