Desperate to ingratiate his government with Washington and distract the public from his mounting scandals, Ecuadorian President Lenin Moreno has sacrificed Julian Assange – and his country’s independence.
Political instability has swept across Ecuador since revelations of widespread corruption in Moreno’s inner circle emerged. The scandal coincided with Moreno’s turn towards neoliberal economic reforms, from implementing a massive IMF loan package to the gradual and total embrace and support for the US foreign policy in the region. In his bid to satisfy Washington and deflect from his own problems, Moreno was all too eager to sacrifice Assange.
There’s something strange about the idea of a minimum wage. It’s one of those subjects that everyone has a strong opinion about, even if they have no idea what makes actual economic sense. But perhaps the most surprising thing of all is that the minimum wage has a dirty secret that most economists don’t want you to know about. Today we explore The Dark History of the Minimum Wage.