You know, there is an almost admirable insanity to raising the minimum wage into the teeth of a high unemployment rate. But if you are going to sell your soul to the devil, really, you should get a better price.
More practically, what sort of advisers are so inept that they did not foresee this reaction?
Who was my favorite student this term?
6 years ago
FWIW, Piketty and Saez advised Hollande's party before. They even had time for a policy book on the French public finances.
Not bad in terms of academic PF, don't you think?
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