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by spiralx
1480 days ago
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The graph showing a supposed sharp fall in US productivity isn't without its own serious criticism as well: https://economicsfromthetopdown.com/2020/01/17/debunking-the... Their argument is what the graph is actually showing is related to the fact that labour's share of US income peaked around 1970 and then began to drop, not some tautologically-defined concept of "production". |
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