"Did Wages Reflect Growth in Productivity?"
Martin Feldstein says, "Yes."
(Not that anybody should need more than Feldstein's answer, but here are two other, seemingly independent analyses that reach the same conclusion: James Sherk, Heritage Foundation, "Workers' Compensation Growing with Their Productivity" and Terry J. Fitzgerald, Minneapolis Fed, "Has Middle America Stagnated?")

Hoo, boy. You guys have really irritated Krugman now.
Posted by: JorgXMcKie | August 19, 2008 at 02:20 PM