Rent, wages and profit
Source Jim Devine Date 06/08/28/18:29
gosh, it sounds so insightful, based on the Power of Tautology! (or at
least the title is)
On 8/28/06, Perelman, Michael
> Does anyone have access to this report?
> In another recent report on the boom in profits, economists at
> Goldman Sachs wrote, "THE MOST IMPORTANT CONTRIBUTOR OF HIGHER PROFIT
> MARGINS OVER THE PAST FIVE YEARS HAS BEEN A DECLINE IN LABOR'S SHARE
> OF NATIONAL INCOME."
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