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A comment on The rich world needs higher real wage growth. Parent comment
Unlike those sciences there's a lot of money in economics invested in certain conclusions, though.
It does not help Walmart's bottom line, for instance, if everybody stops believing that raising the minimum wage causes unemployment.
There aren't equivalent controversies with money behind them like in other social sciences (and other social sciences don't get paid as much).
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Unlike those sciences there's a lot of money in economics invested in certain conclusions, though.
It does not help Walmart's bottom line, for instance, if everybody stops believing that raising the minimum wage causes unemployment.
There aren't equivalent controversies with money behind them like in other social sciences (and other social sciences don't get paid as much).