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: Adjunct Law Prof Blog

Falling Wage Syndrome

By Mitchell H. Rubinstein

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NY Times Op-Ed Columnist Paul Krugman wrote an interesting May 3, 2009 piece entitled "Falling Wage Syndrome."His point is that falling wages are bad for the economy. Why? Because purchasing power declines when wages are lower. As the article states:...

Full post as published by Adjunct Law Prof Blog on May 07, 2009 (boomark / email).

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