3 ms·
I completely agree - my point is that the posted article’s metrics aren’t effective at illustrating these points. It would be more meaningful to look at, say, t
by tfehring 8y ago
I completely agree - my point is that the posted article’s metrics aren’t effective at illustrating these points. It would be more meaningful to look at, say, the share of productivity gains that has flowed to capital as opposed to labor (~100% in the US) or at the volume and distribution of various transfers and cross-subsidies over time.