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5min chapter
TIP466: The Bear Has Arrived w/ Jeremy Grantham
We Study Billionaires - The Investor’s Podcast Network
The Birth Rate, Is It a Major Threat?
We currently have two job openings for every one person in the us. And we still haven't reached the utilization rate of im, sorry, what is it called? The percentage of people working is way down. If you look at the increase for an hour worked, it's ot ten or 15 %,. adjusted for implation, in forty five years. In france, it's up a hundred and 50 %. Even the lowly brets are paid more than 60%. How is it that our average hour worked in man has done so badly? It's because we've had decent aggregate productivity but all those games have flowed to the top. We know them. They take too much time off
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