Tuesday, June 21, 2011

Fact-Checker’s Day Off at the New York Times

Over at AEI's Enterprise Blog...

1 comment:

JoeTheEconomist said...

First, productivity increases are not evenly distributed through-out an organziation. So the comparison of wage growth at different wage levels isn't always meaningful. Separately, wages can only grow to the extent that productivity exceeds labor costs, (healthcare or FICA for example). Finally I think that labor compensation does not include all compensation. The last time I looked at BLS data it did not include stock options for example.

FYI I tried posting this at the AEI blog and it would accept it.