Wage against the machine: the distortions of minimum pay
The Intelligence from The Economist25 Nov

Wage against the machine: the distortions of minimum pay

For decades governments have found minimum-wage rises a politically expedient means of redistribution. But the onward economic distortions have at last become clear. Of course AI can write a faster cover letter — perhaps even a better one. But there are knock-on costs when everyone is doing it. And a look at Florida’s bold experiment in the free choice of unbundled education.


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The Intelligence: Trailer

The Intelligence: Trailer

The Intelligence is a new current-affairs podcast, published every weekday by Economist Radio, that provides a unique perspective on the events shaping your world. Drawing on the expertise of The Economist’s global network of correspondents, each episode digs past the headlines to get to the stories beneath—and to stories that aren’t making headlines, but should be. For a daily burst of global illumination, you need more than just the facts. You need The Intelligence. Hosted on Acast. See acast.com/privacy for more information.

23 Jan 20192min

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