Heterodox
The decline in workers’ share of the total pie is far more extreme than standard measures suggest. Total Income, and the Collapse of the Household Labor Share, Wealth Economics, Steve Roth The best way to start this post is with a graph that many will find surprising, even eye-popping. The graph kind of speaks for itself — pretty dismayingly, especially post-covid. The rest of this post just explains it. This graph answers a question...
Read More »Total Income, and the Collapse of the Household Labor Share
