4 ms·
1968 appears to be when the correlation between minimum wage growth and productivity growth stopped. You could use any year between the late 40s and early 70s (
by frankbreetz 5y ago
1968 appears to be when the correlation between minimum wage growth and productivity growth stopped. You could use any year between the late 40s and early 70s (it's hard to be precise with the chart in the article) and you would get a similar result.
- timbit42 5y agoThis is when gold was decoupled from the dollar and money printing began.