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Inequality, Productivity and Compensation
The Brookings Institution social economist, William Galston, has an interesting column in yesterday’s Wall Street Journal, “The U.S. Needs a New Social Contract”, deploring the fact that worker...
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Closing the Productivity and Pay Gap
The social economist William Galston has a column, in last week’s Wall Street Journal, “Closing the Productivity and Pay Gap”, discussing the large gap between the rising productivity of American...
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Why Is U.S. Productivity Growth Declining?
The economist Alan Blinder has just reported, “The Mystery of Declining Productivity Growth” that U.S. productivity growth has fallen dramatically in the last few years. “The healthy 2.6% a year...
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What Is Right and Wrong With the U.S. Economy
My last several posts have discussed the poor economic proposals of both major presidential candidates. Today’s New York Times has an excellent article by Neil Irwin, “Here’s What’s Going Right and...
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Why Is U.S. Economic Growth So Slow?
In a recent post I discussed the issue of slow economic growth in the U.S. and why it is so harmful and dangerous to our nation’s future. In short, it not only deprives many citizens of a more...
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