Between 1948 and 1973, Americans’ real wages rose almost as fast as their productivity. After 1973, productivity grew 147% but wages rose only 19%. This raises two questions: (1) If workers getting less, who is …
In the 19th Century, Henry George proposed to end poverty by recognizing a clear and logical distinction between private property and community property. America took a different path, but George’s proposal remains valid and would …