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Tyler Cowen on Big Business, Socialism, Free Speech, and Stagnant Productivity Growth – #21

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Is There a Wage Stagnation in Our Civilization?

There are higher returns to higher skill. But that itself should not account for wage stagnation in the middle. Most universities are fairly open with community college. It's very patchwork. There are ways in which you can get degrees, not quite for free, but actually pretty close to free. And I think there's been some corresponding failure of national spirit in America. We've become complacent.

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