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Back To The Future - Tyler Cowen
The Joe Walker Podcast
The Great Stagnation Is Over Determined
If you have consistently rising real wages for most income classes over five to ten years, odds are the great stagnation has ended. We actually had some period of time in the United States where wages were rising robustly for a year or two. In Australia and Canada, that just came from selling resources to China,. Not that you had really broken through some technological barrier. I think there's a possibility that right now the great stagnation is over.
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