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What’s the right wage?

Debunking Economics - the podcast

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The Best Work on What Really Explains the Distribution of Income

How do we get to such a ludicrous position? Partly it's because we fool ourselves into believing that the pay you get reflects your contribution to society. The best work on what actually explains the distribution of income we see is Blair Fix, who runs a... I think it's called economic from the top down. He tried to make sense of the empirical data he had about income distribution both between firms and inside firms in America.

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