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Daron Acemoglu on Inequality, Institutions, and Piketty

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The Unfair Labor Market in the United Arab Emerats

I don't think any teian will give, will give each one the other ladies six dollars. That could be buy the way she drives inand drives a nicer car. She may take a dise dollars an hour. I'm sure she takes a disproportionate share. So they are in a very, very unequal, difficult bargaining position. And in fact, if there was better safety loss, perhaps these ladies would be compensated for doing some of the difficult job. Or if there was, miraculously, a better system in which people could not be taken advantage of that way,. Their wages would be closer, too, to the true value of their marginal product.

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