The Productivity Mirage
American workers are more productive than at any point in history. American workers have not seen meaningful wage gains in decades. These two facts are not a paradox. They are a policy choice.
American workers are more productive than at any point in history. American workers have not seen meaningful wage gains in decades. These two facts are not a paradox. They are a policy choice.
Americans provide approximately 36 billion hours of unpaid care annually. This labor underpins the entire formal economy. Its invisibility in economic accounting is a choice with political consequences.
States are paying teachers less in real terms than they did twenty years ago. The shortage is not a mystery. It is a predictable outcome of choices made with full knowledge of the consequences.
The anecdotal evidence is becoming data. The indicators that the AI jobs disruption is accelerating — and what they suggest about the next eighteen months.
Prediction markets are pricing a 40 percent chance of significant labor displacement by 2028. The economists who study this most carefully are more divided than either camp admits.
America spent forty years dismantling vocational education in pursuit of the college-for-all ideal. The wreckage is everywhere: in the trades shortage, in the disconnected workforce, in the young people who needed a different kind of education and never got it.
Platform companies promised freedom and flexibility. They delivered poverty wages and captured workers without the legal protections that employment law was designed to provide.