BonesOfTheMoon@lemmy.world to Political Memes@lemmy.world · 4 days agoConservatives don't understand how to human.lemmy.worldimagemessage-square148fedilinkarrow-up1365
arrow-up1365imageConservatives don't understand how to human.lemmy.worldBonesOfTheMoon@lemmy.world to Political Memes@lemmy.world · 4 days agomessage-square148fedilink
minus-squareObjectivityIncarnate@lemmy.worldlinkfedilinkarrow-up2·3 days 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-up1·3 days 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.