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> So productivity growth has led to a rise in living standards. I love seeing this statement. It's true but the people who post it never follow up evaluating
by knightofmars 9y ago
> So productivity growth has led to a rise in living standards.
I love seeing this statement. It's true but the people who post it never follow up evaluating whether or not productivity growth has far out-paced the rise in living standards. If productivity growth has been exponential while the rise in living standards has been linear that's a sign that there's a problem regardless of whether or not living standards have risen.