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Tag: distribution of income

If we concede to the unions, Britain will find itself in a dizzying wage-price spiral

A wage price spiral. We have not experienced one for so long that for most people the phrase might just as well be written in the Old English of a thousand years ago.  It is, well, sort of comprehensible but only just. But such spirals can take hold with terrifying swiftness. Towards the end of […]

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