Labour Market

Appropriate pay levels ‘can only be determined by the open market’


SUGGESTED

In the Media

Dr Richard Wellings writes for Liberal Democrat Voice

Economic Theory

The Telegraph profiles Prof. Gary Becker and his remarkable work

IEA Chairman Prof David Myddelton appears on BBC Radio 5 Live's Stephen Nolan programme

In a week where Manchester United striker Wayne Rooney signs a five year contract for (allegedly) double his previous weekly salary, high-earners are again in the spotlight. However, Prof David Myddelton argues on BBC Radio 5 Live’s Stephen Nolan programme that it is only market forces which can determine what pay levels are ‘appropriate’.

Listen to the interview here (segment starts at approx 1:24:40)

 



Newsletter Signup