Experts need to consult Marx's work on wages and inflation
Saturday 12 January 2013
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EmailThere is nothing quite like stating the bleeding obvious. Economic "experts" are now telling us that wages are not keeping up with inflation.
But it was not so long ago that these same commentators, along with the leaders of the three main parties, were vehemently arguing the wage increases were the cause of inflation.
Obviously their university courses didn't include the study of Karl Marx's book Wages, Price and Profit.
Douglas Glossop
Bognor Regis
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