[lbo-talk] query: real wage catch-up
Jim Devine
jdevine03 at gmail.com
Tue Jun 7 13:28:49 PDT 2005
do anyone know of a case where a well-known orthodox economist
admitted the fact that real wages have stagnated relative to
productivity (recently, in the US) but said that wages would
eventually catch up? (I remember cases, but not the names or
locations, of such quotes)
thanks ahead of time.
--
Jim Devine
"Segui il tuo corso, e lascia dir le genti." (Go your own way
and let people talk.) -- Karl, paraphrasing Dante
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