Yet the period 1946-1973 saw enormous growth in all western countries and wages kept up with growth during that time.
Of course, it seems likely there are government interventions that damage growth. But apparently there are some that don't. In particular, progressive tax structures and social safety nets don't seem to.
Yet the period 1946-1973 saw enormous growth in all western countries and wages kept up with growth during that time.
Of course, it seems likely there are government interventions that damage growth. But apparently there are some that don't. In particular, progressive tax structures and social safety nets don't seem to.