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4min chapter
An economy for everyone
The New Bazaar
The Best Approach to Compressing Wages in a Place Like Norway
The way to compress wages in a place like norway involves collective bargaining. I don't know if that model is something that could be easily re pplicated. Given that unionization rates in the us. Have been falling for decades, maybe there will be a reversal. There have been some high profile examples recently with respect to amazon and starbuck,. But so far, that kind of a reversal s not shown up in the agragate data right now. The trend still looks like it's heading downward.
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