It so fallacious, why does the other person matter to you? we read the same book, and if you dont understand it, i cannot make you understand it. I dont matter to you. Understanding is between you and the book.
I am only pointing out to you that you are lost in leaves, and does not see the forest.
CK1994 is just one formal study that validates Hyperwage THeory.
The big picture is the one driven by the book which is -- all Hyperwage countries have high wages and that is not a mere accident or coincidence. There is a cause and effect. High purchasing power is the cause, and wealth of the country is the effect.
It is not coincidence, acdg to teh author, that is self-evident, that is empirical, that is real, as real as your relatives going to the US for the hyperwage.
Drop your obssession with CK because that is confusing you.
Look at the forest, not the leaves.
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Quote:
Originally Posted by Tarmac
God help us if he/she is a teacher. So much for fostering informative discussion and real learning in the classroom environment.
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