BonesOfTheMoon@lemmy.world to Political Memes@lemmy.world · 1 day agoConservatives don't understand how to human.lemmy.worldimagemessage-square143fedilinkarrow-up11.43Karrow-down123
arrow-up11.41Karrow-down1imageConservatives don't understand how to human.lemmy.worldBonesOfTheMoon@lemmy.world to Political Memes@lemmy.world · 1 day agomessage-square143fedilink
minus-squareObjectivityIncarnate@lemmy.worldlinkfedilinkarrow-up1·8 hours agoTL;DR: The EPI graph isn’t measuring productivity vs. pay, even for “typical workers”; it’s measuring wage inequality, and images like these are the visual equivalent of out-of-context half-truth soundbites: https://www.reddit.com/r/badeconomics/comments/6rtoh4/productivity_pay_gap_in_epi_we_trust/
minus-squareSSJMarx@lemm.eelinkfedilinkEnglisharrow-up1arrow-down1·8 hours ago a bunch of bullshit Economists aren’t serious people, they’re priests who worship their idealized version of the market.
TL;DR: The EPI graph isn’t measuring productivity vs. pay, even for “typical workers”; it’s measuring wage inequality, and images like these are the visual equivalent of out-of-context half-truth soundbites:
https://www.reddit.com/r/badeconomics/comments/6rtoh4/productivity_pay_gap_in_epi_we_trust/
Economists aren’t serious people, they’re priests who worship their idealized version of the market.