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Tidbits - August 14, 2014

Portside
Reader Comments - Victory for Americans: Walgreens Won't "Invert"; Rosetta Comet Rendezvous; Reflections on My Seven Months in Israel; Incipient Inflation Freak-Out Could Wreck Economy; Jews Who Protest Israeli Policy; Academic Freedom Under Attack - The Firing of Steven Salaita; Anti-Semitism; Virgin America Flight Attendants Vote To Join Union; Healthcare - the NHS; Market Basket Srtike - Why Its So Important; On This Day in History - FDR Signs Social Security Act

How to Fix Venezuela's Troubled Exchange Rate

Mark Weisbrot Fortune
Even though the country’s black market for U.S. dollars has stabilized, the government will need to bring inflation down in order to maintain a stable exchange rate.

labor

Minimum Wage: Who Decided Workers Should Fall Behind?

Dean Baker Huffington Post
If workers at the bottom had continued to share in the economy's growth in the years since 1968 as they had in the three decades before 1968, we would be looking at a very different economy and society. If the minimum wage had risen in step with productivity growth it would be over $16.50 an hour today.That is higher than the hourly wages earned by 40 percent of men and half of women.
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