tag:blogger.com,1999:blog-2197051945822486684.post7185157346712887914..comments2024-03-29T18:17:34.956+11:00Comments on Thinking Out Aloud: Why wages are "sticky" downwardsLorenzohttp://www.blogger.com/profile/00305933404442191098noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2197051945822486684.post-60495473011589032782010-06-28T17:01:52.348+10:002010-06-28T17:01:52.348+10:00Thanks: great quote.Thanks: great quote.Lorenzohttps://www.blogger.com/profile/00305933404442191098noreply@blogger.comtag:blogger.com,1999:blog-2197051945822486684.post-27320773486742917532010-06-28T10:27:19.945+10:002010-06-28T10:27:19.945+10:00Hey, saw your comment over at Money Illusion. Tot...Hey, saw your comment over at Money Illusion. Totally agree, a good bock that pretty much says what you said at greater length is Bewley 'Why Wages Don't Fall During A Recession' A telling quote from a manager (on redundancies vs wage cuts): "it gets the misery out the door".Declan Trottnoreply@blogger.com