Advertisement
Over the years the British have copped a fair bit of flak, particularly from Australians, over everything from their approach to government to the performance of their cricket team.
But the latest instance from the U.K. Financial Times is perhaps one of the most humbling for the inhabitants of the splendid grey-skied island in the North Atlantic.
According to an analysis by journalist John Burn-Murdoch, based on OECD data, U.S. workers who are functionally illiterate now earn roughly the same amount as the average British worker.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.
Advertisement