Professor Arindrajit (Arin) Dube, one of the most influential economists on the topic of wage inequality and minimum wage policies, presents his new book, 'The Wage Standard: What's Wrong in the Labour Market and How to Fix It'.

How did the labour market stop working for so many in the workforce? Why did wages at the bottom and in the middle of the pay scale fail to keep up with a growing economy that delivered over 70 per cent productivity gains and soaring incomes for those at the top? What caused this divergence, and what can we do about it now? The Wage Standard is a deep dive into these very questions - questions Arin Dube has explored in over two decades of influential research.

Painting a new picture with data, Dube shows us how wages for most workers became painfully frozen. But also, he argues, this fate was not inevitable, and more importantly, that it can be reversed. The Wage Standard lays bare how the labour market really works, revealing levers to pull to shift course: to reshape corporate decisions, rethink policy priorities, and rebalance economic power and social norms to better protect the typical worker.

Arindrajit Dube is Provost Professor of Economics at the University of Massachusetts Amherst. He has conducted extensive research on wage inequality, the impact of minimum wage policies, the nature of competition in the labour market, the role of fairness concerns at the workplace, the interplay of behavioural biases and labour market power, as well as the impact of collective bargaining.  He has also written on the topic of fiscal policy, unemployment insurance, health reform, and the economics of conflict. Dube received his BA in Economics and MA in Development Policy from Stanford University, and his PhD in Economics from the University of Chicago.

Book talk - 'The Wage Standard: What's Wrong in the Labour Market and How to Fix it' with Prof Arin Dube