Switzerland is also one of the most expensive places in the world. As is NYC, where I live and the minimum wage is $15/hour and service jobs paying between $20-$35 is not unusual.
In the US, there are also places where the minimum wage is $7.50 (the federal minimum wage) and things also cost far less. The US in general is a much more diverse place than a place like Switzerland, and yet it’s all governed by the same federal law, which paid expanded unemployment benefits the same regardless of where the person is located.
Yes but he brings up a good point. They are more likely to talk about a 3 sigma result that challenges the standard model than one that doesn’t yield anything special. So given you know a 3 sigma result is being discussed, the probability that it’s a false result at higher sigma is more than 1/1000.