Posts Tagged ‘grow the pie’

The lie about productivity and wages

Written By: - Date published: 12:30 pm, February 5th, 2015 - 49 comments

The Productivity Commission has a new report out which looks at changes in the labour income share, or LIS, from 1978 to 2010. The labour income share is described in the report’s summary as: The labour income share (LIS) measures the split of national income between workers who supply labour and the owners of capital. […]

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