A Warning From 1300s England on Wage Controls
Government intervention in prices tends to have negative side effects.
Junior doctors aren’t the only ones feeling miffed with their pay.
Photographer: Carlos Jasso/BloombergThis article is for subscribers only.
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Think you’re having a tough day in the office? Be grateful you’re not a medieval grafter. “Having to work for a wage in the four or so centuries c. 1350 to 1750 was a dystopian nightmare.”