Could it be said that the Federal Reserve controls wages the same way they control the prices of goods and services? According to a CNBC article on Thursday, it seems the answer is “yes.”
A less than stellar August jobs report showed:
Average hourly earnings jumped 0.6% for the month, about double what Wall Street had been expecting, and the increase from a year ago stood at a robust 4.3%, up from a 4% rise a month ago.
I was a young lad of thirteen when the first Transformers film directed by Michael Bay premiered in theaters. I do not recall much about it other than Megan Fox working on Shia Labeouf’s car, but apparently, this sultry façade was hiding a darker secret: the film was actually government-supported propaganda produced with extensive involvement from the military. This is just one of the many surprising and sometimes shocking things I learned from Christopher J. Coyne and Abigail R.
Shakespeare’s Rome: Republic and Empire
by Paul Cantor
1976; University of Chicago Press, 2017, 228 pp.
