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Category: Blog/Featured

Productivity and Income … Again

Posted On December 17, 2020January 11, 2021 By Blair Fix

Originally published on Economics from the Top Down. Today I’m going to revisit a topic that a month ago I committed to stop writing about — the productivity-income quagmire. Neoclassical economists argue that income is proportional to productivity. The problem is that they have no way of measuring productivity that is independent of income. So […]

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