Thursday, June 16, 2016

Wages and Productivity: U.S. and U.K.


US Real Wages and Productivity
(1947 Q1 = 100)
 Graph #1, Source = Noah Smith

Graph #2, Source = CPS Think Tank

By the way, Noah thinks graphs like these are irrelevant.

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1 comment:

  1. Oilfield TrashJune 17, 2016 at 9:04 AM

    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

    ReplyDelete

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