Should-Read: Larry Summers: Globalization Will Work If We Stop Catering To The Elite: “A wage subsidy works like this… http://www.huffingtonpost.com/entry/globalization-larry-summers_us_594b0440e4b0312cfb616164 …I earn $8 an hour and the government pays an extra $4 for every hour I work. If I earn $10 an hour, the government gives me $3 dollars. In other words, because it is … Continue reading Should-Read: Larry Summers: Globalization Will Work If We Stop Catering To The Elite