Manufacturing Productivity Eight Times Higher than in 1950

by

Over the past sixty years, manufacturing productivity per worker has grown enormously, increasing over $100,000 2011 dollars per worker. Over this same time period, labor’s share of this immense wealth gain have been comparatively small and shrinking.

–from Carpe Diem

Advertisements

Tags: , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: