While I usually have a strong aversion to articles hinting at anti-market sentiment, I found this to be quite good. I really liked the point about the growing p

While I usually have a strong aversion to articles hinting at anti-market sentiment, I found this to be quite good. I really liked the point about the growing prominence of information technology growing the share of the economic value contributed by public goods. This however is wrong: >>We have strong growth without wage increases. Economic growth is still strongly correlated with wage growth. Much of the supposed decoupling between productivity and wage growth is a result of different standards of inflation being used for the two, and the two standards diverging over time. The majority of the decline in the rate of wage growth in the developed world is due to a decline in the rate of GDP growth. The world as a whole has seen the largest gain in wage growth and largest decline in poverty in human history over the last 20 years.