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From the European Industrial Relations Observatory

Could we say that the UK's great economic performance in the past 10 years is linked to the very real increases in the minimum wage?

Paying labor more is a good thing?

(See also the ongoing discussion in the "Carnival" thread)

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sat Mar 18th, 2006 at 10:20:48 AM EST
I was wondering...Why in the table above the numbers about Romania are given in EUR. It says it should be in national currency. As far as I know they still use the leu...Or am I wrong?
by Denny on Sat Mar 18th, 2006 at 11:33:12 AM EST
[ Parent ]
Could we say that the UK's great economic performance in the past 10 years is linked to the very real increases in the minimum wage?

Linked, probably, but it'd take a lot more to prove causality....

by the stormy present (stormypresent aaaaaaat gmail etc) on Sat Mar 18th, 2006 at 11:44:13 AM EST
[ Parent ]
The point was that the other side has no such scruples to link growth with, say, lower taxes. We should do the same loudly - if only to show that wage growth is not incompatible with economic performance

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Sat Mar 18th, 2006 at 12:08:17 PM EST
[ Parent ]

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