That said, I'm trying to bring the dark line down a bit by posting this comment from work, thus reducing my productivity. Oops, it's 5:30 and I'm working late.. dammit.. /fail
Resources are becoming more scarce?! Because if we are more productive as a society, you would think that we'd also be rewarded for it... So if resources are becoming more scarce, then I'd think that they (meaning resources) become more expensive relative to our productivity.
Another good possibility is that 3rd world countries are using technology much better than they ever have but are being taken advantage of... Ok buddy, you've baited us, now what?!
Thought this had more to do with women becoming a larger portion of the workforce and working for substantially less. I'm pretty sure you covered that in class.
I suggest clicking on it to get a better view. 
No, actually, I mean the top graph. I just found the second one funny.
Hooray for computers and the intertubes.
ReplyDeleteThat said, I'm trying to bring the dark line down a bit by posting this comment from work, thus reducing my productivity. Oops, it's 5:30 and I'm working late.. dammit.. /fail
So, we're becoming more efficient with a crappier salary? It would be interesting to know how productivity is doing in this economy!
ReplyDeleteAlthough I will say that a lot of people are working harder for less pay because they just want to keep their jobs!
Resources are becoming more scarce?! Because if we are more productive as a society, you would think that we'd also be rewarded for it... So if resources are becoming more scarce, then I'd think that they (meaning resources) become more expensive relative to our productivity.
ReplyDeleteAnother good possibility is that 3rd world countries are using technology much better than they ever have but are being taken advantage of... Ok buddy, you've baited us, now what?!
Thought this had more to do with women becoming a larger portion of the workforce and working for substantially less. I'm pretty sure you covered that in class.
ReplyDeleteI'm trying to think if I ever took Labor Econ... Maybe that's when it would have been covered.
ReplyDelete