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Greek unions walked off the job yesterday, grounding flights, halting buses, and shutting down the port.  Alex Tabarrok notes this as an example of sticky wages, and adds "The story also illustrates how aggregate demand shocks can generate aggregate supply shocks."  Paging Lord Keynes . . . 

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Megan McArdle is a columnist at Bloomberg View and a former senior editor at The Atlantic. Her new book is The Up Side of Down.

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