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Eligibility criteria apply. Hello. Hello I'm Simon Long, international editor at The Economist and this is Money Talks on

Economist. Coming up on on Economist Radio.

Coming up on today's show, we look at how wages are growing for the lowest paid Americans

and how at long last pay is beginning to pick up in the UK too.

Just for overall wages, if you look at people in the bottom third of the income distribution,

they've really seen an acceleration.

More recently in the past kind of few quarters, few months,

we've finally seen signs that this kind of long period of very poor wage growth

is coming to an end.

Also, why the prices of homes for the very rich in the world's most desirable

cities may have reached a turning point. First, there's heated debate in America about raising the minimum wage, the fight for 15,

with Democratic presidential contenders Bernie Sanders, Elizabeth Warren, and Kamilla Harris, all campaigning for it.

Jeff Bezos, the boss of Amazon, has challenged his competitors to match his firm's $15 minimum

...