race & pay - Boushey

Doug Henwood dhenwood at panix.com
Tue Sep 29 08:32:12 PDT 1998


Charles Brown wrote:


>The old canard that a rise in wages forces a rise in
>unemployment is so basic that it was punctured
>classically in
>Marxism by Marx himself in "Value, Price
>and Profit".

Charles, that has nothing to do with Heather's argument, or that of the original Wage Curve theorists, Blanchflower & Oswald. What's your point?

Doug



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