5.2 In-class activity

• Read: The Nobel in economics goes to three who find experiments in real life. https://www.nytimes.com/2021/10/11/business/nobel-economics-prize-david-card-joshua-angrist-guido-imbens.html

• Discuss: What is generally expected to be an consequence of increasing the minimum wages? What is this relationship with the immigration and the labor market? What does David Card argue about it? Condense your answers in written format. Include your opinion. There are no correct/wrong answers.

• Watch video New Thoughts on Capital in the Twenty-First Century https://www.ted.com/talks/thomas_piketty_new_thoughts_on_capital_in_the_twenty_first_century

• Poster preparation on the reflection on the video in the class forum of AulaGlobal.