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Economists Discuss Minimum Wage and China's Economic Strategies

5/15/2025

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Summary

Story summary

Isabella M. Weber is an Associate Professor of Economics at UMass Amherst and a Fellow at the Roosevelt Institute.
She authored the influential book "How China Escaped Shock Therapy."
Tom Krebs is a Professor of Economics at the University of Mannheim.
He contributes to the German Minimum Wage Commission and previously served as a Senior Adviser at the German Finance Ministry.

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Story summary

Isabella M. Weber is an Associate Professor of Economics at UMass Amherst and a Fellow at the Roosevelt Institute.
She authored the influential book "How China Escaped Shock Therapy."
Tom Krebs is a Professor of Economics at the University of Mannheim.
He contributes to the German Minimum Wage Commission and previously served as a Senior Adviser at the German Finance Ministry.