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42 sats \ 0 replies \ @stack_harder OP 4 Jan \ parent \ on: Help me understand minimum wage logic better econ
this is a good point actually because it's usually used as a comparison metric or something, so the higher minimum wage countries are shown as superior and any further nuance is ignored.
i suppose median income is the most correct level, although in places like Bulgaria, almost all the economic activity and money is being made in the capital so statistics get skewed