Despite decades of efforts on behalf of equal pay for women, women still earn on average 77 cents for every dollar a man earns. Legislation increasing the minimum wage to $10.10 would narrow that gap by 5 percent
The objective of the ideological project of the economics profession in the current era is to provide a theoretical foundation for unregulated financial markets and unregulated capitalism. The fact that the project has succeeded in the face of logic and history is admittedly a fantastic conjurers’ trick, but it is ridiculous to award Nobel Prizes to the conjurers.
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