Engineers and executives at the so-called Department of Government Efficiency are drawing healthy taxpayer-funded ...

What is an efficient wage? Efficiency wages was a term coined by Alfred Marshall, one of the fathers of economics, to indicate, in its original form, the wage that a labourer deserves for his ...

Labor market policies shape firms' innovation dynamics. A new study shows for the first time that higher minimum wages for low-skill jobs drive firms to develop automation technologies. Rising wages ...