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Prof Beard said: "My own personal view - and there are lots of others, and this isn't 'official' - is that there is a real wages problem.
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Rangers are not the only SPL club to have financial difficulties this season, with wages problems at Hearts.
The first relates upon the above-mentioned reliability problems of self-reported reservation wages – problems that can be greatly aggravated for migrants, whose understanding of the crucial features of the local labor market is more limited.
Business Roundtable president John Engler said: "We should be focused on our country's 'no wage' problem.
"I think there is a wage problem but that gets fixed if there is an economy that is growing".
The solution to the "wage problem" said Jim McNerney, the boss of Boeing, this week, is not a minimum wage but "an economy that's growing".
So, one explanation for Trump's wage problem is that there is more slack in the job market than that 3.8percentt unemployment rate suggests.
Such disinvestment shows up in my final figure, from a must-read new study on the wage problem from the Brookings Institution's Hamilton Project.
It has set a bad example, and it has failed to establish a legal and judicial system through which defaulting employers can be brought readily to book.Close behind the wage problem come taxes and the army.
The biggest wage problem in the US economy in recent decades is not they're always surging ahead, it's that it's quite hard to make them rise.
There are various possible reasons for this — among them, that the federal minimum wage hasn't changed since 2009, and that membership in unions, which allow workers to bargain collectively for higher wages, has fallen over the years — but whatever the cause, the wage problem has emerged as one of the central economic quandaries of the post-recession era.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com