Bargaining Power Matters
Explore the significance of bargaining power in determining wages and the impact of market forces on salary rates. Gabriel Zucman discusses the rise of market power and its influence on wage inequality in the US compared to European countries. Russ Roberts shares insights on the role of monopoly power in setting salaries at tech giants like Google and Facebook.In this clip
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Gabriel Zucman on Inequality, Growth, and Distributional National Accounts
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