Posted on March 09th, 2010 in ABS, AFR, Australian Bureau of Statistics, Australian economy, Enron, Market News, Professor Walter Block, aus, aussie dollar, cent, economic recovery, excessive credit, female employee, mainstream economics, male employee, micro cap, minimum wage, pay equalisation, perth, subprime, unemployment
A quick follow on from yesterday’s Money Morning. We like this quote we’ve found from Professor Walter Block:
“Consider a man and a woman each with a productivity of $10 per hour, and suppose, because of discrimination or whatever, that the man is paid $10 per hour and the woman is paid $8 per hour. [...]
