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How Antitrust Failed Workers With Eric Posner

Capitalisn't

CHAPTER

Is There a Difference Between Wage Stagnation and Anti Trust?

It would be dangerous to conflate these two things, says Eric Liu. The real issue is the decline in wages among the middle class and bottom of the sociate economic ladder. This decreased level of mobility makes people more subject to local market power. If people cannot move, then they are much more subject to market power the local level.

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