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"Eg their figure 2 is that infamous misleading graph that I commented on in" If it's so infamous, do you care to point to something explaining what is wrong wi
by giantg2 3y ago
"Eg their figure 2 is that infamous misleading graph that I commented on in"
If it's so infamous, do you care to point to something explaining what is wrong with it?
"They also seem to imply that minimum wage legislation is good for poor people."
I wasn't discussing this point, but agree that it's mixed.
"Figure 9 seems to forget that correlation ain't causation."
Figure 9 is just data. Sure, the explaination that goes with figure 9 talks of it as causative. I haven't read the journal article that data comes from, so I can't objectively say if there is a causative mechanism in that study that supports the text or not (can you?). That figure isn't really part of what I was discusing, although it does demonstrate the increase in top earners (not as well as charts comparing it to the changes for other labor groups).
- eru 3y ago> If it's so infamous, do you care to point to something explaining what is wrong with it? See my own comment that I linked there. Duh. See also their own implicit admission that the graph has problems: https://www.epi.org/blog/nothing-misleading-about-this-typical-workers-pay-and-productivity-have-diverged/ https://www.epi.org/blog/nothing-misleading-about-this-typic...
- giantg2 3y agoThis is only for the pay vs productivity graph?