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Market Friction and Why You May Get a Lower Wage

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GoldsteinOnGelt

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One of the most commonly asked questions by dissatisfied employees is: Why do similar workers get paid differently? And what is market friction, and how does it affect the ordinary investor? Find out the answers on this week’s Goldstein on Gelt show. Dale T. Mortensen, Professor of Economics at Northwestern University and winner of the 2010 Nobel Prize in Economic Sciences (with Christopher Pissarides and Peter Diamond), shares his insights on the economy, markets, and more with show host Doug Goldstein.
 

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