Tyler Cowen on Big Business, Socialism, Free Speech, and Stagnant Productivity Growth – #21
Manifold
00:00
Are Male Wages a Sign of Great National Failure?
A lot of the disaffection has come from wage stagnation for the middle class. Male wages have not increased since 1970, and it strikes me that had male wages been increasing over that period of time, you probably wouldn't have had Trump. The poor actually have seen more gains than the middle class has. And I don't feel we're on the verge of solving this problem. That it's so deeply rooted in the bureaucratization of American life,. excess credentialism, so many veto points for different kinds of major changes.
Transcript
Play full episode
