Siegel and Schwartz on Stocks for the Long Run
Masters in Business
00:00
Are We Undercounting Productivity?
Productivity is the measure of standard of living. It's output per unit, our work. So it's like your real wage stripped away from inflation. And, you know, real wages are down, productivity is down. What is going on? I've posited this question to a number of economists, Fed researchers and others.
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