InequalityPhilosophy Of ScienceAccounting DefinitionIncomeMarginal ProductivitySciences économiquesAnglais
Publié in Economics from the Top Down
Auteur Blair Fix
I revisit the productivity-income quagmire.
I revisit the productivity-income quagmire.
Wages correlate with firms’ sales per worker. Does this mean that productivity explains wages? The answer is no.
The idea that income is proportional to productivity is a thought virus that needs to die.