Article 2TFGW Want to Raise Workers' Wages? Buy Their Products

Want to Raise Workers' Wages? Buy Their Products

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from from FEE on (#2TFGW)
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Just where would we be without pop stars to tell us about economic policy? Without Annie Lennox, how would we know that people in poor countries don't get paid very much? For that is what her latest campaign, The Circle, wants to tell us. According to Lennox, the solution is simple: everyone involved in the garment industry should just be paid more money. This lacks a certain economic sophistication, it must be said. In fact, it arguably lacks any economic understanding at all.

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