To think of the wage-price relationship, what the economists call the Phillips curve, as an objective fact that you discover

To think of the wage-price relationship, what the economists call the Phillips curve, as an objective fact that you discover by statistical methods is to miss the point. In fact, it is something that is made by social action.
My latest for @NewStatesman
newstatesman.com/ideas/2022/02/… https://t.co/Ua4QB3dRbW

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