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Question to Self: Germany

Germany does not have the rise of the overclass. And Germany does have the wage stagnation–even though it is done everything right to preserve manufacturing employment and nurture communities of engineering practicing excellence.

Can I take the Germany-U.S. comparison as strong evidence against the “globalization has driven wage stagnation” hypothesis?

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Question to Self: Germany

December 14, 2016

December 14, 2016

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon