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Posted on August 28, 2006 by Garrick van Buren

Real Wages Up, Not Down – Economists Fight

A biased New York Times article on wages being down gets a fisking:

“What keeps my wages high (and yours) is our alternatives…What sets workers wages are the wages of those alternatives…Workers are better educated than ever. That is why I believe that compensation, properly measured, is higher than it was five or ten or twenty or thirty years ago.” – Russel Roberts

Thanks to Tyler @ Marginal Revolution for the pointer.

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garrick van buren

Garrick van Buren partners with leadership in companies of all sizes in the technology, professional services, media, and non-profit sectors to improve their offerings through calm and deliberateness.

Garrick is the author of 'Rebuilding Blocks: How the Game of Kubb Put My Life Back Together' available in paperback and ebook.

Contact Garrick @ 612 325 9110 or email@garrickvanburen.com

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Want to unlock your productivity and gain more free time? Want to banish To Do Lists forever & be confident not missing anything? Want to achieve your most important goals while maintaining inbox zero? Want to know the one question that unlocks all of this? In the ‘The Power of When’ audio program Garrick van Buren & Patrick Rhone will provide you with a simple set of tools to dramatically improve your productivity, eliminate your procrastination, and achieve your most important goals. $97

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