,@TheEconomist - I expected the 'gov't states' would have much higher wages than the miserly free-market capitalist pigs in the States?
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@CorcoranSc
@TheEconomist It is measured in PPP, a fair approximation of buying powerThanks. Twitter will use this to make your timeline better. UndoUndo
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@TheEconomist re US min wage trends, that would be true for every country. The national dots are averages. Their distributions are uniqueThanks. Twitter will use this to make your timeline better. UndoUndo
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@CorcoranSc
@TheEconomist This graph does not, it compares average wealth production (GDP in PPP per capita) with minimum wages.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@TheEconomist This is Gross Salary obviously ....Thanks. Twitter will use this to make your timeline better. UndoUndo
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@TheEconomist I would express it in a number of big mac per hour it gives once netted of all social contributionsThanks. Twitter will use this to make your timeline better. UndoUndo
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@CorcoranSc
@TheEconomist PPP Purchasing Power Parity. Yes, its accounts for buying powerThanks. Twitter will use this to make your timeline better. UndoUndo
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@TheEconomist but why Italy is not there?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@TheEconomist you just got yourself a new followerThanks. Twitter will use this to make your timeline better. UndoUndo
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