Friday, 12 December 2014

A 50 year trend !

The declining labor share (NYT Economix)




Labour has been squeezed 

A lot of people thought about outsourcing to China as the main culprit for this 50 year trend! My view is different, technology & automation is the real cause for this.

What to do?

http://thoughtmeme.blogspot.pt/2013/11/stayin-home.html


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