US Real Wages and Productivity
(1947 Q1 = 100)
(1947 Q1 = 100)
Graph #1, Source = Noah Smith |
Graph #2, Source = CPS Think Tank |
By the way, Noah thinks graphs like these are irrelevant.
Challenging the Premisses
Start with the debt problem, three views of it,
and the most important thing. Here's a longer look at the debt problem.
Here's a short one on economic policy, some surprising trends, and a few unusual policy recommendations. How'd we get into this mess? Read Policy Venn and Policies of the Venn Overlap. Still with me? Read A Matter of Life and Death. And for an overview, download my 12-page PDF |
Graph #1, Source = Noah Smith |
Graph #2, Source = CPS Think Tank |
1 comment:
Art
I think you will find this Steve Keen interview interesting. Frames a good theory why private debt is at the levels it is today and why it is going to be bad for the future. Unless we can figure out a way to reduce it without creating a depression.
http://socialdemocracy21stcentury.blogspot.com/2016/06/steve-keen-real-media-interview.html
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