As a result of the sudden and unexpected surge in prices real wages as deflated by CPI are down on pre-COVID period. But surely CPI is NOT a good deflator for real employment costs! You need producer prices dont you?
thedailyshot.com/2022/06/30/rec… https://t.co/0e7pGmcp1L
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…