Brayden Gerrard
1 min readMar 31, 2019

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See article by Harvard economist Robert Lawrence here:

Productivity and compensation track each other almost perfectly until about 2000 or so, so long as you measure it correctly. The lesser divergence since then can be attributed to an increase in the capital share of income, which I pointed out can be attributed to housing income changes.

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Brayden Gerrard

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