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Daron Acemoglu on Inequality, Institutions, and Piketty

EconTalk

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Are We Having a Minimum Wage and They Don't?

i would often get the answer because we have a minimum wage and they don't. There's not a lot of evidence for it. Iht, but the next argument you audhere is that we have unions and they don’t. But when you're comparing mexico to the united states, or peru to tor states, there are so much first and much more important first order factors.

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