News for hackers. Stuff that matters.

A comment on If wages are to rise, workers need more bargaining power. Parent comment

Re:If wages are to rise, workers need more bargaining power by _dps on Wednesday June 06, 2018 @01:59PM (#17249428)
You may be right and I might be out of touch with what is mainstream these days. But to be clear, I wasn't claiming Friedman's ideas were the only ones in Monetarism. Obviously a lot has happened since the 70s (or even 10 years ago when I was more in touch with people in economics).

But I think 10 years ago there were definitely mainstream people who at least claimed to believe the "inflation is always a monetary phenomenon". Still, it sounds like you are more up to date on this than I am so I appreciate the clarification.

[ Parent | on HN ]
Re:If wages are to rise, workers need more bargaining power by nabla9 on Wednesday June 06, 2018 @02:42PM (#17249856)
> 10 years ago there were definitely mainstream people who at least claimed to believe

This is correct even today. Among politicians and pundits there is completely different economic discussion and it's really confusing.

You know, if you would give top 1000 dry academics in any field a way to flag news media or opinion pieces in their specialty with visible [extraordinary or surprising claim] -flag if they do it with 4/5 majority it would be really helpful public service (startup someone?)

[ Parent | on HN ]