An article in the Economist notes, For 60 years, from 1770 to 1830, growth in British wages,

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An article in the Economist notes, "For 60 years, from 1770 to 1830, growth in British wages, adjusted for inflation, was imperceptible because productivity growth was restricted to a few industries." Not until the late nineteenth, when productivity "gains had spread across the whole economy," did a sustained increase in real wages begin. Why would you expect there to be a close relationship between productivity gains and increases in real wages?
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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