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Wages for the top 1% skyrocketed 160% since 1979 while the share of wages for the bottom 90% shrunk — Lawrence Mishel and Jori Kandra

Summary:
Just deserts based on marginal contribution or institutional bias?Economic Policy InstituteWages for the top 1% skyrocketed 160% since 1979 while the share of wages for the bottom 90% shrunk: Time to remake wage pattern with economic policies that generate robust wage-growth for vast majorityLawrence Mishel and Jori Kandra

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Just deserts based on marginal contribution or institutional bias?

Economic Policy Institute
Wages for the top 1% skyrocketed 160% since 1979 while the share of wages for the bottom 90% shrunk: Time to remake wage pattern with economic policies that generate robust wage-growth for vast majority

Lawrence Mishel and Jori Kandra
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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