Workers got more productive. The question is who got the extra money
There is one number in this graphic I wouldn’t defend. The claim that $1 in 1960 should equal $26 today is too simplistic. Several people caught that immediately. $1 in 1960 is roughly $11.40 today just from inflation. So if we’re going to make the argument, let’s make the better one. Because inflation isn’t the … Read more