Economic Report of the President

The Post-Industrial Economy has Changed Everything

The Post-Industrial Economy has Changed Everything

That’s the implication of an analysis by UNC economist Karl Smith.  (This is kind of a follow up to yesterday’s post.)  The accompanying chart from the Economic Report of the President (click on it for a larger version) shows how wages moved with prices in the postwar era.  To simplify it a bit, for about […]

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