TOPICS (The Global Eye) The real reason your paycheck is not where it could be (Martin Neil Baily, Brookings)

For more than a decade, the economy’s rate of productivity growth has been dismal, which is bad news for workers since their incomes rise slowly or not at all when this is the case. Economists have struggled to understand why American productivity has been so weak. After all, with all the information technology innovations that make our lives easier like iPhones, Google, and Uber, why hasn’t our country been able to work more productively, giving us either more leisure time, or allowed us to get more done at work and paid more in return?

http://www.brookings.edu/research/opinions/2016/03/24-real-reason-your-paycheck-is-not-where-it-could-be-baily