Posted on March 09th, 2010 in ABS, AFR, aus, aussie dollar, Australian Bureau of Statistics, Australian economy, cent, economic recovery, Enron, excessive credit, female employee, mainstream economics, male employee, Market News, micro cap, minimum wage, pay equalisation, perth, Professor Walter Block, 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. [...]
