It was long Keynesian dogma that two-thirds of economic output goes to labor. That truism has come undone, and corporate consolidation may be a cause.By PATRICIA COHEN from NYT
Business Day
‘Superstar Firms’ May Have Shrunk Workers’ Share of Income
It was long Keynesian dogma that two-thirds of economic output goes to labor. That truism has come undone, and corporate consolidation may be a cause.By PATRICIA COHEN from NYT
Business Day
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